57Recent Stories
Dow soars 1,100 points after Trump team and China dramatically lower tariffs
US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels, which some economists say could stave off a US recession.
The first boats carrying Chinese goods with 145% tariffs are arriving in LA. Shipments are cut in half. Expect shortages soon
American consumers are on the cusp of tough choices because of President Donald Trump’s trade war.
US job growth hasn’t been this slow since Covid. Trump’s policies could chill it further
It all comes down to the job market. President Donald Trump’s drastic policy moves, and the twists and turns that have come alongside them, have made economic forecasting a squirrely endeavor.
DOGE drove layoff announcements to their third-highest-ever level in March
More than 275,000 layoffs were announced last month, reaching a level not seen since the pandemic, according to a new report published Thursday.
Trump is blaming Biden for a weakening economy. Is that fair?
Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.”
Trump is blaming Biden for a weakening economy. Is that fair?
Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.”
What to expect in Friday’s jobs report
If the pundits proved right, the US labor market was supposed to have broken down by now. It wasn’t supposed to survive the Federal Reserve’s historic and aggressive rate-hiking campaign to reel in high inflation.
Trump says he agreed to ‘immediately pause’ anticipated tariffs on Mexico for one month
President Donald Trump said Monday he agreed to “immediately pause” tariffs on Mexico for a month after a “very friendly” conversation with the country’s president, Claudia Sheinbaum.
Trump routinely calls economic data ‘fake.’ Here’s why that’s dangerous
Federal economic data is one of the purest forms of infrastructure, says Erica Groshen, a former commissioner at the Bureau of Labor Statistics.
Trump pledged to bring down food prices on Day One. Instead, eggs are getting more expensive
In August 2024, then-candidate former President Donald Trump delivered a press conference surrounded by packaged foods, meats, produce, condiments, milk and eggs.