Tag: U.S. Economy
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…]
