Sitting next to Bahrain Crown Prince Salman bin Hamad bin Isa Al Khalifa, who stared ahead awkwardly, President Donald Trump carried on with one of his wandering soliloquies in front of reporters on July 16 in the Oval Office. With his typical bravado, Trump emphasized his suspiciously instant positive effect on the U.S. economy, telling the media, “Everyone would say …
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Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon as September, with mounting evidence of a slowing U.S. economy and faltering labor market offsetting persistent inflation worries driven by new tariff hikes. The Federal Open Market Committee (FOMC) had previously left rates unchanged at a range of 4.25% to …
Read More »Bonds and the dollar are sounding the alarm about the U.S. economy. Stock investors might want to heed the warning. – MarketWatch
Bonds and the dollar are sounding the alarm about the U.S. economy. Stock investors might want to heed the warning. MarketWatch Stock market today: Dow, S&P 500, Nasdaq sink after weak jobs report, Trump’s tariff redux Yahoo Finance ‘Bad News Is Bad News’: Jobs Data Shatters Wall Street’s Calm Bloomberg Stocks Drop as Trump’s New Tariffs Weigh on Markets The New York Times 5 …
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 to last year. More than six months into his term, Trump’s …
Read More »India Aghast at Donald Trump’s ‘Dead’ Economy Jibe, 25% Tariffs – Bloomberg
India Aghast at Donald Trump’s ‘Dead’ Economy Jibe, 25% Tariffs Bloomberg US-India relations fray over Donald Trump’s tariff invective and Russian oil Financial Times Is India’s economy ‘dead’ as Donald Trump claimed? The Indian Express Trump is trying to turn India against Russia. It won’t work. MSNBC News Trump’s tariffs could deal a blow to India’s growth and exports BBC Source link
Read More »Trump to blame for high cost of living, Americans say in new poll | US economy
Americans are struggling financially, grappling with debt and the rising cost of living, and are blaming the Trump administration and corporate interests for worsening economic outlooks for working families, according to a new poll. Six out of 10 Americans place blame on the Trump administration for driving up their cost of living, according to a poll conducted by Morning Consult …
Read More »GLOBAL ECONOMY Asia's factory activity worsens as US trade uncertainty bites – Reuters
GLOBAL ECONOMY Asia’s factory activity worsens as US trade uncertainty bites Reuters Asia’s factory activity worsens as US trade uncertainty bites Reuters China’s factory activity cools as exports weaken MSN Singapore, Malaysia markets rise; Taiwan drops 1.6% as Trump sets new tariff rates The Business Times Trump tariffs on Asia: Which economies were hit hardest? Yahoo.co Source link
Read More »From ‘He’s crashing the economy’ to ‘It’s a mirage’
FROM ‘HE’S CRASHING THE ECONOMY’ TO ‘IT’S A MIRAGE.’ Go back three months, when the government released gross domestic product numbers for the first quarter of 2025. The report was that GDP fell 0.3% in the first quarter, later revised to 0.5%. That would have been disturbing except for the explanation: In anticipation of President Donald Trump‘s tariffs, many businesses increased …
Read More »U.S. economy returns to growth in second quarter on trade swings – Axios
U.S. economy returns to growth in second quarter on trade swings Axios U.S. Economy Slowed in First Half of 2025 as Tariffs Scrambled Data The New York Times U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit CNBC Gross Domestic Product, 2nd Quarter 2025 (Advance Estimate) U.S. Bureau of Economic Analysis (BEA) (.gov) “Absolute Blockbuster”: New …
Read More »U.S. economy posts strong second quarter, growing at 3% pace – The Washington Post
U.S. economy posts strong second quarter, growing at 3% pace The Washington Post U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit CNBC Rebound in US economic growth in second quarter masks underlying slowing trend Reuters Treasuries Extend Losses as US Economic Activity Rebounds Bloomberg Big rebound in GDP masks hidden weakness in the US economy CNN …
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