The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession. Original Image Link Source:www.msn.com
"Something always goes wrong eventually — whether it’s a risk hiding in plain sight or something you couldn’t see coming." ... Original Image Link Source:www.msn.com
A new economic divide: Now that the policy is settling into place, a “divide is widening in the US economy as the biggest banks and technology groups shrug off Donald Trump’s tariffs to post huge ... Original Image Link Source:www.politico.com
— Net hiring has plummeted over the last three months with job gains of just 73,000 in July, 14,000 in June and 19,000 in May — a combined 258,000 jobs lower than previously indicated. On average last ... Original Image Link Source:www.msn.com
A new economic divide: Now that the policy is settling into place, a “divide is widening in the US economy as the biggest banks and technology groups shrug off Donald Trump’s tariffs to post huge earnings gains while consumer-facing companies struggle with rising costs,” FT’s George Steer writes this morning. Original Image Link Source:www.politico.com
Ukrainian President Volodymyr Zelenskyy's top adviser urged the U.S. to "strangle" Russia's economy by imposing secondary sanctions on Moscow's trading partners. Original Image Link Source:www.msn.com
Sun, 03 Aug 2025 13:01:00 GMT It is too soon to know whether the United States is on a similar path. But economists and other experts said that Mr. Trump’s decision on Friday to fire Erika McEntarfer, the Senate-confirmed head of ...
Sun, 03 Aug 2025 08:13:00 GMT National Economic Council Director Kevin Hassett told "FOX News Sunday" that massive downward revisions to official jobs numbers for the past few months are a "puzzle," and "a fresh set of eyes" is ...
Sat, 02 Aug 2025 14:51:00 GMT The White House’s announcement Friday that it will impose hefty tariffs on imports from nearly 70 countries next week triggered the worst day on Wall Street in more than a month. Those economic ...
Sat, 02 Aug 2025 14:14:22 GMT President Trump’s economy reverberated this week amid tariff uncertainty, the weak job report on Friday and the subsequent firing of the Bureau of Labor Statistics (BLS) commissioner, Erika McEntarfer ...
Sat, 02 Aug 2025 13:10:00 GMT Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower interest rates.