The state of the US economy, in 9 charts
President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy ...
Inflation traders brace for short-term shock from tariffs, immigration policies
Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation ...
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Should We Be Worried About the Economy?
Recent statistics do not bode well for us.
Surprising Trends in American Spending Habits You Need to Know
Consumer Spending in Specific Categories . Below are the major spending categories the BLS aggregates and tracks statistics on. Note that as of September 2024, the most recent ann ...
Why Trump's tariffs on China, Mexico, Canada are bad news for the US
US President Donald Trump is imposing 25 per cent tariffs on imports from Mexico and Canada, along with doubling China’s tariff rate to 20 per cent. These measures affect over 43 per cent of the $3.1 ...
U.S. consumers are wilting under renewed stagflation risks
The U.S. economy's key growth driver faces one of the biggest pullbacks since the depths of the Covid pandemic, while price ...
AUD/USD trades lower above 0.6200 as Trump imposes additional tariffs on China
The AUD/USD pair is down 0.1% to near 0.6220 in European trading hours on Tuesday. The Aussie pair trades lower even though ...
A Key Interest Rate Falls, but Not for the Reasons Trump Wanted
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
Trump’s tariff chaos threatens an economy already flashing yellow lights
Layoffs are rising. Consumer spending — the backbone of the economy — unexpectedly dropped in January. Consumer confidence has plunged. A key GDP forecast suddenly turned negative. And extreme fear is ...
Wall Street slumps after Trump says tariffs to go into effect tomorrow, GDP outlook turns negative
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
The top 10% of Americans are propping up the economy. Here's what will happen if they stop spending.
Such an uneven distribution makes economic growth increasingly reliant on further gains in the wealth effect in the form of rising equity and property prices. Since the top 10% owns most of the wealth ...