Ernie Tedeschi, the chief economist of the White House Council of Economic Advisers under former President Joe Biden, pointed out that transfer payments from the government - Social Security, food ...
That echoes a recent message from Elon Musk on, X, the social-media service he owns, in which the unofficial head of the ...
Last week’s data suggested the US economy is undergoing an economic slowdown. As of writing, the ISM Manufacturing PMI showed ...
Recent statistics do not bode well for us.
But this week’s round of reports on the state of the labor market may show what effect the new administration of Donald Trump has had on job growth. The highlight will come Friday when the Labor ...
The S&P 500 spent most of the trading week ending on 28 February 2025 on a downward trajectory. Click to read.
“The golden age of America begins right now." So declared Donald Trump on January 20th in his inaugural address. In the six ...
Gold traded higher and Goldman Sachs said that physical imports of the precious metal to the U.S. rose to around $25 billion last month, a huge surge that might explain the country’s widening goods ...
The Atlanta Federal Reserve keeps a running tally of how it expects gross domestic product to perform in the current quarter. It just swung from solid growth to contraction. The reason could be down ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Those tariffs — if they get imposed — could increase costs for Americans at a time when inflation remains stubbornly high. That, in turn, could prevent the Federal Reserve from lowering borrowing ...