Tag Archives: Economy

(Bloomberg) — US President Donald Trump and Chinese leader Xi Jinping’s latest tit-for-tat showdown has both countries claiming the ball is now in the other’s court, with the clock ticking toward another escalation in import tariffs. After Trump signaled openness to doing a deal with Beijing, US Vice President JD Vance on Sunday declared the outcome would “depend on how …

US Treasury chief says government shutdown is hitting economy  Reuters The Government Shutdown Is Finally Starting to Bite  The Wall Street Journal ‘Right up against it’: Economic data blackout leaves Wall Street in the dark  Politico How to measure the economy when the government isn’t doing it  Axios AP reader question: How might the federal shutdown affect the economy?  AP News Source link

Stocks took a nosedive on Friday after President Trump threatened a big tariff hike on China. Until then, Wall Street had been at record highs for months, which is why we decided to check in with Andrew Ross Sorkin, one of the country’s most influential financial reporters.  He’s just written a book called “1929” about the market crash a century …

IN A NUTSHELL 📈 The U.S. economy is increasingly dependent on the artificial intelligence industry for growth. 💰 AI investments now account for a significant portion of U.S. GDP and stock market growth. ⚖️ Economic disparities are rising as consumer spending is dominated by the wealthy. 🔍 The pressure is on AI to deliver results, or the economy may face …

In 2025, the United States has entered a critical phase — not a temporary recession, but a systemic crisis born of the Trump administration’s second-term economic experiment. Donald Trump returned to power vowing to “restore America’s economic greatness,” yet the path he has chosen has done the opposite: instead of rebuilding competitiveness, it has deepened fragility. What we are witnessing …

Little more than 48 hours passed last week between a warning from the IMF chief, Kristalina Georgieva, that “uncertainty is the new normal” and Donald Trump’s latest tariff onslaught – this time aimed at China. Markets plunged on Friday after Trump threatened to levy punitive additional tariffs of 100% on Chinese goods in retaliation for Beijing’s blocks on exports of …

If New York or California enter a recession, the entire U.S. economy would be next. So how are they doing?  MarketWatch 22 states are in a recession or close to it, new analysis finds  Axios 22 State Economies Are In or Near Recession, Alarming Report Finds  Realtor.com Moody’s lists Maine as one of 22 states facing recession  WGME California ‘treading water’ as 22 states …

How to measure the economy when the government isn’t doing it  Axios ‘Right up against it’: Economic data blackout leaves Wall Street in the dark  Politico Can the Rally Continue?  Goldman Sachs The government isn’t releasing economic data. Private firms are stepping in.  The Washington Post US government shutdown: How it affects key economic data publishing  Reuters Source link

High inflation and lack of jobs leave Americans frustrated with the economy  MarketWatch Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring  CNN Consumer sentiment sours as government shutdown threatens economic damage  ABC News – Breaking News, Latest News and Videos US consumer sentiment stable in October, labor market worries remain  Reuters US Consumer …

U.S. Economy: A Storm Is Coming  Seeking Alpha S&P 500: Dispersion Trade Growth Raises Fears of Sharp Market Sell-Off  Investing.com THE CURRENT MARKET DUMP ISN’T RANDOM.  Binance The S&P 500 Dispersion Index just spiked. Volatility tends to follow, says analyst  MarketWatch Today’s Market Looks More Like 2018 Than 1999  Mott Capital Management Source link