Tag: U.S. Economy
Tariffs, Trade Wars, and Consumer Slowdown Affecting Businesses
U.S. companies are facing significant challenges as President Donald Trump’s tariff policies continue to put pressure on businesses and consumers alike. Several companies have slashed [more…]
Trump Walks Back Threats to Fire Fed Chair Powell
U.S. President Donald Trump backtracked on his earlier threats to fire Federal Reserve Chair Jerome Powell, signaling a de-escalation after several days of harsh criticism [more…]
Walmart and Delta Adjust Forecasts Amid Trade War Uncertainty
Walmart and Delta Air Lines have both adjusted their forecasts for the first quarter, reflecting concerns about the ongoing trade war under President Donald Trump’s [more…]
Bill Ackman Warns Trump of Economic Fallout from Tariffs
Hedge Fund Manager Urges Trump to Pause Tariffs Billionaire hedge fund manager Bill Ackman has urged U.S. President Donald Trump to temporarily halt his escalating [more…]
Goldman Warns of Economic Blow From Tariff Surge
Bank sees rising inflation, slowing growth, and higher jobless rate With President Donald Trump’s tariff announcement due this week, Goldman Sachs has issued a stark [more…]
Oil Prices Rise as Trump Threatens Russia Sanctions
Oil prices climbed on Friday but pulled back from session highs after U.S. President Donald Trump warned of potential sanctions on Russia if it fails [more…]
Consumer Confidence Surges Ahead of U.S. Election Despite Decline in Job Openings
Consumer optimism in the U.S. economy surged in October, despite recent job data showing a decline in available positions. According to the Conference Board, its [more…]
Key Fed Inflation Gauge Drops to 2.2% in August, Easing Path for Rate Cuts
Inflation in the U.S. moved closer to the Federal Reserve’s target in August, signaling progress that could pave the way for future interest rate cuts. [more…]
Retailers Warn of Diminished Shopping in 2024, Despite U.S. Economy’s Resilience
The American consumer has displayed remarkable resilience in the face of sky-high interest rates and a challenging economic environment, contributing to the U.S. economy’s avoidance [more…]
U.S. Economy’s Strength Challenges Expectations for Interest Rate Cuts in 2024
As 2024 dawned, consumers, investors, and economists alike harbored hopes of relief from the persistent inflation and higher borrowing costs that have burdened the U.S. [more…]
