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
For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus. 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
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 ...
Sat, 02 Aug 2025 17:15:00 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.
Fri, 01 Aug 2025 13:03:00 GMT Economists believed the labor market has been remarkably resilient in recent months despite Trump's economic policies, adding well over 100,000 jobs per month from April through June. But payroll ...
Fri, 01 Aug 2025 10:39:00 GMT In July alone, rising adoption of generative AI technology by private employers accounted for more than 10,000 job cuts, according to a report released this week by Challenger, Gray & Christmas. The ...