Trump, Economy Sour
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Economists expect GDP to benefit from numerous tailwinds, including lower interest rates, AI spending, and hefty tax refunds.
Donald Trump has hit dozens of US trading partners with new tariffs while formalising recent trade deals with others, including the UK and EU. Analysts at Yale Budget Lab estimate that, overall, the US effective tariff rate is now at its highest level since the 1930s.
Job opportunities didn’t shrink as expected in October, but hiring continued to stall and layoffs increased in a month when the US government was shut down and hundreds of thousands of federal workers were furloughed,
While spending soared to almost $12 billion, per one estimate, the data shows a more complicated economic picture.
The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.
U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said on Wednesday,
Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level. The strategy, also known as yield-curve control, is ...
America’s first merger wave began in the 1890s and forged giants in steel, oil and railroads. A second preceded the crash of 1929. Executives assembled conglomerates in the 1960s; private-equity firms dismantled them in the 1980s. The bursting of the ...
For decades, the U.S. has been the top destination for international students — a global magnet for talent, innovation and ambition.
President Donald Trump delivered remarks about the economy at Mount Airy Casino Resort in Mt. Pocono, Pennsylvania.