Tag Archives: economic

WASHINGTON (AP) — President Donald Trump was set to officially begin levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy. The White House said that starting just after midnight that goods from more than 60 countries and the European Union …

A Federal Reserve official on Wednesday called last week’s tepid jobs report “concerning,” and said its significant downward revisions could signal an economic shift in the U.S. Federal Reserve Governor Lisa Cook highlighted the report’s sizable downward revisions to jobs created in May and June, saying that they are “typical of turning points” in the economy.  Friday’s report showed that employers …

Wall Street turns negative as economic data, tariff uncertainty weigh  Reuters S&P 500 falls after weak economic data and more tariff threats: Live updates  CNBC Stock market today: Dow, S&P 500, Nasdaq slide as Wall Street eyes earnings, trade tensions  Yahoo Finance US stocks slip following the latest discouraging signal on the economy  AP News Stocks Fall as US Services Flash Warning Signals: Markets …

Trust in US economic data on the line: Easy to lose, hard to restore  Reuters Can we still trust the monthly jobs report? (Update) : The Indicator from Planet Money  NPR America’s Economic Data Disaster Is Worse Than We Thought  Bloomberg.com Lessons from the rest of the world on politicizing economic data  marketplace.org Investing Through a Cloud of Dubious Data  Investopedia Source link

Wall Street pares gains after fresh economic data; earnings in spotlight  Reuters Stocks fall after weak economic data and more tariff threats, Dow loses 200 points: Live updates  CNBC Stock market today: Dow, S&P 500, Nasdaq slide as Wall Street eyes earnings, trade tensions  Yahoo Finance Dow Jones Today: S&P 500 Gives Up Early Gains as Stocks Struggle to Sustain Rally; Palantir Jumps …

U.S. International Trade in Goods and Services, June 2025  U.S. Bureau of Economic Analysis (BEA) (.gov) US Trade Gap Narrows to Tightest Since 2023 on Drop in Imports  Bloomberg.com US trade deficit narrows to $60.2 billion in June  Reuters U.S. Trade Gap Shrinks to $60.2 Billion in June  The Wall Street Journal U.S. Trade Deficit Narrows, Exceeding Economic Forecasts  Investing.com Source link

Late last week, Donald Trump realized a dream that he’s had since he was president of the United States the first time: firing the person who informed the world that his economy isn’t as great as he wants to pretend it is. It was a move so comically autocratic that Recep Erdogan of Turkey already did it in 2022. According …

Asia shares sideswiped by US economic jitters, oil slips  Reuters Asian Stocks Decline as Traders Pare Back Risk: Markets Wrap  Bloomberg.com Asia-Pacific stocks mostly fall as investors weigh tariffs, OPEC+ output hike  CNBC Losses for health care stocks help push Wall Street lower  KRQE World shares are mixed after South Korea makes tariff deal and US stocks fall  WDIO.com Source link

Trump Fired America’s Economic Data Collector. History Shows the Perils.  The New York Times Until Trump Fired Her, She Was an Economist With Bipartisan Support  The New York Times White House economic adviser Kevin Hassett defends Trump’s firing of labor statistics head  NBC News U.S. jobs data “very unreliable,” top Trump econ adviser says  Axios Brooks and Capehart on Trump’s firing of labor statistics …

Economic fears of investors are here — and fed by Trump’s reaction  The Washington Post Confused about the economy? You’re not alone  CNN Good, mad and ugly: the US economy’s performance under Trump – in charts  The Guardian New tariffs, alarming job numbers and a high-profile firing: A wild week for the Trump economy  NBC News It’s Trump’s economy now. The latest financial numbers …