As the U.S. labor market shows clear signs of stalling, one of Wall Street’s leading strategists is sounding a sharp warning: With America’s workforce in a demographic crunch and historic changes in immigration policy underway, it is “quite possible that the next five years will see no growth in workers at all.” The implications, according to David Kelly, chief global …
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US Economy Is ‘on the Precipice’ of a Recession, Mark Zandi Says
2025-08-04T14:57:57Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Mark Zandi, chief economist of Moody’s, has a grim …
Read More »Trump’s shoot-the-messenger tactic will only hurt the economy more
Facebook Tweet Email Link A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — We’ve all been there, in the middle of an objectively bad outcome, and had the same knee-jerk reaction: Blame someone else! Your team lost the big game? Ah, but the refs …
Read More »Big Tech’s hefty AI spending is reshaping the slowing economy – The Washington Post
Big Tech’s hefty AI spending is reshaping the slowing economy The Washington Post Big Tech may be breaking the bank for AI, but investors love it Reuters Will data centers crash the economy? Noahpinion | Noah Smith Microsoft and Meta Drive Big Tech’s AI Spend Toward $400 Billion TipRanks AI is Eating the Economy A Wealth of Common Sense Source link
Read More »Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
The recent batch of indicators has punctured the notion on Wall Street that the U.S. economy is bulletproof and can withstand headwinds like President Donald Trump’s trade war. That was evident in Friday’s stock market selloff as the dismal jobs report and shocking downward revisions to earlier months raised recession fears. Just days earlier, Rick Rieder, chief investment officer of …
Read More »Playbook: It’s Trump’s economy now – Politico
Playbook: It’s Trump’s economy now Politico The Mystery of the Strong Economy Has Finally Been Solved The Atlantic New tariffs, alarming job numbers and a high-profile firing: A wild week for the Trump economy NBC News Despite Trump, the US economy remains surprisingly resilient. But for how long? | Richard Partington The Guardian It’s Trump’s economy now. The latest financial numbers offer some warning …
Read More »Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
As recent college graduates face one of the toughest job markets in years, Berkeley economist and voluble Substacker Brad DeLong has a message for those struggling to land their first full-time gig: Artificial intelligence (AI) and automation are not to blame. Larger forces are at work. DeLong, a professor at UC Berkeley and former Deputy Assistant Secretary of the Treasury, argued …
Read More »Trump’s Next Job: Selling Skeptical Americans on His Economy – Bloomberg
Trump’s Next Job: Selling Skeptical Americans on His Economy Bloomberg Confused about the economy? You’re not alone CNN Economic fears of investors are here — and fed by Trump’s reaction The Washington Post It’s Trump’s economy now. The latest financial numbers offer some warning signs AP News New tariffs, alarming job numbers and a high-profile firing: A wild week for the Trump economy NBC News …
Read More »What Do Trump’s Tariff Hikes Mean for Canada’s Trade-Dependent Economy? – The New York Times
What Do Trump’s Tariff Hikes Mean for Canada’s Trade-Dependent Economy? The New York Times After a blown deadline, what next for US-Canada trade? BBC For Canada’s Carney, no deal with Trump might be better than a bad one The Washington Post Fact Sheet: President Donald J. Trump Amends Duties to Address the Flow of Illicit Drugs Across our Northern Border The White House (.gov) …
Read More »It’s Trump’s economy now. The latest financial numbers offer some warning signs
WASHINGTON (AP) — For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus. Job gains are dwindling. Inflation is ticking upward. Growth has slowed compared with last year. More than six months into his term, Trump’s …
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