In February, American consumers increased their expenditures at retail establishments, reversing a trend of three consecutive months of decline. This development indicates that the US consumer remains resilient despite the challenges posed by sluggish job growth and subdued consumer sentiment. Read More …
Chair Jerome Powell stated on Monday that the Federal Reserve’s response to the US-Israeli war on Iran is significantly influenced by the impact of the conflict on Americans’ inflation expectations. “The tendency is to look through any kind of a Read More …
Job growth in the US showed weakness last year; however, indications of stabilization, if not a recovery, began to surface. The ongoing conflict, occurring thousands of miles away, not only disrupts the potential for progress but also poses a risk Read More …
President Donald Trump made an ALL-CAPS reversal on Iran strikes Monday morning. That sent oil prices plunging. Sadly, your gas prices aren’t about to follow suit. The average price of US gas is closing in on $4 a gallon, and Read More …
The Federal Reserve on Wednesday maintained interest rates at their current levels, in line with expectations, while highlighting the “uncertain” effects on the US economy stemming from the US-Israeli conflict involving Iran. Fed officials remain optimistic that the disruptions in Read More …
The most severe global oil crisis in decades may pose a significant challenge for the Federal Reserve, as its policymakers convene this week to assess the forthcoming strategies for the US economy. President Donald Trump’s conflict with Iran has caused Read More …
In a surprising turn of events, hiring at US businesses experienced a significant decline last month, with employers reportedly eliminating approximately 92,000 jobs, as indicated by the latest data. The unemployment rate increased to 4.4%, up from 4.3%. Analysts anticipated Read More …
President Donald Trump delivered a fervent defense of the US economy in his State of the Union address on Tuesday night. “Inflation is declining sharply, while incomes are increasing rapidly.” The economy is experiencing unprecedented growth. Without exaggeration, he is Read More …
The US economy experienced a deceleration in growth during the concluding months of 2025, as the unprecedented government shutdown exerted pressure on economic activity, culminating in a year marked by the most subdued growth since the pandemic. Nevertheless, it was Read More …
In President Donald Trump’s initial year of his second term, the stock market exhibited the lowest performance compared to any president’s first year of a new term since 2005, the year George W. Bush commenced his second term. From Trump’s Read More …