US inflation held steady as mild tariff hit offset by cheaper gas, food
Read full article: US inflation held steady as mild tariff hit offset by cheaper gas, foodU.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
Read full article: Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Donald Trumpโs trade wars.
Trump's tariffs loom over the economy as shipments from China fall
Read full article: Trump's tariffs loom over the economy as shipments from China fallAmerican businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
Read full article: US economic worries mount as Trump implements tariffs, cuts workforce and freezes spendingPresident Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S. economy than to fix it.
Trumpโs tariff tactics carry higher economic risks than during his first term
Read full article: Trumpโs tariff tactics carry higher economic risks than during his first termWhen Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade.
Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
Read full article: Surging job market could prove costly for households, businesses as odds of quick rate cuts fadeU.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economyโs resilience in the face of high interest rates.
