Economy News The Bad Vibes Economy

How bad is Trump’s economy? Election results say it’s very bad, and getting worse

For businesses, the effect of Trump’s incoherent economic policy decisions is to freeze their planning in place. A recent poll of corporate chief executives indicates that the business leaders are ... Read More

Consumer sentiment drops as Americans worry about shutdown's economic impacts

Overall sentiment notched a 6% decline this month from October, according to the University of Michigan’s preliminary survey of consumers. Read More

How the economy flipped from a red to blue issue, according to exit polls

Back then, about two-thirds of voters said the economy was in bad shape, according to the results of the ABC News exit poll. Forty-seven percent of voters said their own financial situation was worse ... Read More

Amid Government Shutdown ‘Fog’, Employers Are Scrutinizing Private Data for Economic Clues

The absence of official economic and labor statistics amid the government shutdown leaves business leaders depending on sometimes clashing reports from private sector data providers. Read More

Trump denies inflation is hurting Americans. It’s the same mistake that haunted Biden

We have no inflation,” President Donald Trump said in his “60 Minutes” interview Sunday evening. “Our groceries are down.” ... Read More

Business is expecting nothing but bad news from the Budget

While I couldn’t point to a major set of policies, I explained you get a strong positive feeling when you talk to companies there – call it vibes – a sense that government and business are working ... Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

Government shutdowns usually don’t hurt the economy. This time could be different

Government shutdowns can be political earthquakes that paralyze Washington, DC. But for the economy, shutdowns are often barely a blip. Whatever economic damage occurs during that time tends to be ... Read More

It Is Trump’s Casino Economy Now. You’ll Probably Lose.

As the economy becomes more unpredictable, Mr. Trump and Republicans have shrunk the safety net that catches people when volatility catches up with them. They cut Medicaid and did not extend ... Read More

Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ... Read More