The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.
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Keeping track of the Trump’s on-and-off tariff strategy was hard enough — and now the judicial system is having their turn at the switch.
You can’t bounce back without first getting low. And, in April, consumer confidence according to the Conference Board got real low.
Travelers are expected to spend $12.5 billion less on trips to the US this year, while the rest of the world is about to see a tourism boost.
Treasury Secretary Scott Bessent laid out how he believes trade policy, tax cuts and deregulation will bolster US economic growth.
A stronger than expected jobs report was the latest economic measurement to reveal a chasm between so-called hard and soft data points.
Cleveland Fed President Beth Hammack said the central bank could be ready to take monetary policy action beginning in June.
New Conference Board data released Tuesday showed US consumer confidence down for the fourth straight month.
Known as Wall Street’s “fear gauge,” the VIX has suggested in recent weeks that investors are spooked, for obvious reasons.
Policy uncertainty, particularly around how tariffs will ripple through the economy, continued to stoke recession fears last week.
The market’s sunny optimism, set against wintry December, will face a Game of Thrones-like test this Wednesday: an inflation report is coming.
JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.
Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.
The yield curve has now been inverted for around 400 trading sessions, and there’s no recession in sight. So what gives?
Sales rose 0.7% month-over-month — about double what many economists had predicted. Year-over-year, that’s a 4% jump.
Retail sales jumped higher than expected in December, but US consumers are back to fretting about their finances.