As markets buckle up for Trump tariffs, these global sectors brace for a rough ride
U.S. President Donald Trump recently announced significant tariffs on the United States’ top three trading partners, causing investors to react…
Category: Economy
Nonfarm payroll growth revised down by 818,000, Labor Department says
The Labor Department reported on Wednesday that the U.S. economy had created 818,000 fewer jobs than originally reported in the…
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Economic activity in the U.S. exceeded expectations in the second quarter, driven by strong consumer spending, government expenditures, and a…
Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
In this article, JPMorgan Chase CEO Jamie Dimon expressed his concerns about the possibility of stagflation, despite recent indications that…
Here’s where the jobs are for October 2024 – in one chart
The jobs report for October revealed weaker results than anticipated, presenting a mixed outlook for the U.S. economy in terms…
Trump could declare national emergency to justify universal tariffs, CNN reports
President-elect Donald Trump is considering the possibility of declaring a national economic emergency to enforce his extensive tariff policies, as…
Here’s where the jobs are for November 2024 — in one chart
The jobs report for November exceeded expectations, showing growth in various sectors of the U.S. economy. Health care and social…
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell stated on Monday that the central bank will not delay cutting interest rates until inflation…
Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Bank of England Governor Andrew Bailey suggested on Wednesday that the U.K. might see four interest rate cuts in the…