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 …
Read More »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 …
Read More »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
Read More »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 …
Read More »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
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Illustration by Tag Hartman-Simkins / Futurism. Source: Scott Olson / Getty Images Vermont Senator Bernie Sanders has weighed in with a scorching proposal to confront one of the most existential employment issues of our time: AI automation. A long-time advocate for labor rights, Sanders recently released a report about the impact AI could have on jobs over the next decade. …
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Delta Air Lines delivered a robust set of financial results for the third quarter of 2025, posting record revenue and beating consensus forecasts for earnings, driven largely by continued strength in premium and corporate travel demand. CEO Ed Bastian expressed optimism for the months ahead, projecting full-year adjusted earnings per share (EPS) to reach about $6, at the upper end …
Read More »Delta Predicts Premium Seat Sales to Overtake Economy as Soon as 2026 The Wall Street Journal Earnings brief: Delta sees momentum through year end driven by premium customers The Hill Delta says premium travel is set to overtake coach cabin sales next year CNBC Delta’s stock jumps as travel demand accelerates, leads to record revenue MarketWatch Delta’s bet on wealthy Americans driving the economy …
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“It’s hard to figure out what’s happening with the economy right now,” Michael Strain, economist at the American Enterprise Institute, told TMD. “More than is usually the case, to get a handle on what’s happening right now really does require you to look at a pretty broad range of indicators.” Mark Gertler, professor of economics at New York University and …
Read More »IMF chief says global economy doing ‘better than feared,’ risks remain Reuters IMF chief warns of economic uncertainty and offers this advice: ‘Buckle up’ ABC News – Breaking News, Latest News and Videos IMF Chief Says Resilient World Economy Still Faces Growth Risks Bloomberg.com IMF chief warns ‘uncertainty is the new normal’ in global economy The Guardian ‘Key growth engine’: IMF hails India’s economy; …
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