Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense
It was back in February, when we explained to Elon Musk why his strategy to shock the US government
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Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense
It was back in February, when we explained to Elon Musk why his strategy to shock the US government
Industriya
Consumer confidence hits lowest point since April as job worries grow
The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.
Industriya
Consumer confidence hits lowest point since April as job worries grow
The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.
Industriya
Core wholesale prices rose less than expected in September; retail sales gain
The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.
Industriya
Core wholesale prices rose less than expected in September; retail sales gain
The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.
Industriya
Private payroll losses accelerated in the past four weeks, ADP reports
Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.
Industriya
Private payroll losses accelerated in the past four weeks, ADP reports
Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.
Industriya
Bessent believes there won't be a recession in 2026 but says some sectors are challenged
Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump's policies.
Industriya
Fed won't get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.
Industriya
Fed won't get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.
Industriya
House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US
House lawmakers have asked fast-fashion retailer Shein to explain how childlike sex dolls were allow
Industriya
CapEx Spending On AI Is Masking Economic Weakness
The U.S. economys recent growth has a distinctive engine: large‑scale capital expenditures (capex) t
Industriya
Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level
Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.
Industriya
Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level
Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.
Industriya
Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%
Nonfarm payrolls were expected to add 50,000 in September, according to the Dow Jones consensus estimate.
Industriya
Native-Born Workers Rise By 2 Million Under Trump To A New Record High, As Foreign-Born Plunge By 1.6 Million
One can debate how effective Trump has been in following up on his various campaign promises, but on
Industriya
Fed minutes show divide over October rate cut and cast doubt about December
While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.
Industriya
Fed minutes show divide over October rate cut and cast doubt about December
While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.
Industriya
BLS says full October jobs data won't be released, available figures to be included in next report
The Bureau of Labor Statistics said Wednesday it will not release a full U.S. jobs report for the month of October.
Industriya