Economy
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Economy | LATEST STORIES
US Consumer Confidence Holds Steady as Job Market Shows Signs of Firming
The gain reflected stronger views of job availability and modestly improved perceptions of business conditions.
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How Much Living Space $1 Million Will Buy: Report
The national entry point for luxury homes fell for the fourth consecutive month in September.
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What’s on the Table for the Trump–Xi Meeting?
Chinese negotiators said the U.S. position had been ’tough.’
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Federal Reserve Expected to Cut Interest Rates Again This Week
Wall Street will be closely watching what is said at the post-meeting news conference on Oct. 29.
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CCP’s New 5-Year Plan Outlines Wartime Economy: Analysts
China’s export-based economy and technological dependence on the west are in conflict with the regime’s ‘major country’ diplomacy, analysts say.
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US Banks’ Exposure to Private Equity Surges—Experts Warn of Potential Contagion
According to Moody’s, the increasing interdependence between banks and private credit firms poses unique challenges.
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USDA Says SNAP Benefits Will Expire for 41 Million People If Shutdown Persists
Anywhere between 4.8 percent and 21.2 percent of each state’s population was on SNAP in 2024.
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‘Showing Up in Droves’—Gen Z Trades Graduation Caps for Hard Hats
The share of Generation Z workers in the construction labor force more than doubled between 2019 and 2023, according to a recent report.
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US Business Activity Accelerates as Consumer Mood Slips
Firms cited higher input costs, yet selling prices rose at the slowest rate since April.
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Wall Street Review: Dow Surges Past 47,000 Amid Strong Earnings, Lower-Than-Expected Inflation
The rally followed a volatile pattern marked by shifting headlines on U.S.-China trade relations and renewed optimism on rate cuts.
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Trump Hikes Canada’s Tariffs by 10 Percent for Not Immediately Pulling Anti-Tariff Ad
The U.S. president accused an ad campaign by the provincial government of Ontario, Canada, of misrepresenting Ronald Reagan’s speech on tariffs.
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180,000 New Apartments Being Converted for Adaptive Reuse in US: Report
Hotels account for one-third of conversions, while schools saw the largest increase in 2024.
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Applied Materials to Cut 1,400 Jobs Worldwide Amid Automation Push
The company is the second-largest semiconductor equipment supplier in the world, and the job reduction represents 4 percent of its global workforce.
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Mortgage Rates Fall to Lowest Level in Over a Year
A homebuyer with a $3,000 monthly budget can now afford a $473,750 home, up from $447,750 a year ago.
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US Annual Inflation Ticks Up to 3 Percent for First Time Since January
October inflation data, meanwhile, might not accurately reflect consumer prices.
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Trump Terminates Trade Negotiations With Canada Over Anti-Tariff Ad Featuring Reagan
Trump suggested the ad campaign was meant to interfere with an upcoming U.S. Supreme Court hearing on his administration’s tariffs.
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China Using Coercion in Bid to Gain Upper Hand in Trump-Xi Talks: House China Panel Chair
By imposing rare earth controls, China is ‘firing a loaded gun’ into U.S. economy, said the lawmaker.
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US Single-Family Rent Growth Slows to 15-Year Low, Report Finds
Rents for single-family homes rose just 1.4 percent in August, less than half the 3.3 percent growth recorded in the same month in 2024.
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US Homebuyers Score Biggest Autumn Discounts in Years: Report
Meanwhile, the number of buyers’ markets in September doubled from a year ago.
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Argentina’s Bonds and Peso Strengthen Ahead of Key Midterm Elections
Argentine President Javier Milei faces crucial legislative elections on Oct. 26.
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US Consumer Confidence Holds Steady as Job Market Shows Signs of Firming
The gain reflected stronger views of job availability and modestly improved perceptions of business conditions.
|
How Much Living Space $1 Million Will Buy: Report
The national entry point for luxury homes fell for the fourth consecutive month in September.
|
What’s on the Table for the Trump–Xi Meeting?
Chinese negotiators said the U.S. position had been ’tough.’
|
Federal Reserve Expected to Cut Interest Rates Again This Week
Wall Street will be closely watching what is said at the post-meeting news conference on Oct. 29.
|
CCP’s New 5-Year Plan Outlines Wartime Economy: Analysts
China’s export-based economy and technological dependence on the west are in conflict with the regime’s ‘major country’ diplomacy, analysts say.
|
US Banks’ Exposure to Private Equity Surges—Experts Warn of Potential Contagion
According to Moody’s, the increasing interdependence between banks and private credit firms poses unique challenges.
|
USDA Says SNAP Benefits Will Expire for 41 Million People If Shutdown Persists
Anywhere between 4.8 percent and 21.2 percent of each state’s population was on SNAP in 2024.
|
‘Showing Up in Droves’—Gen Z Trades Graduation Caps for Hard Hats
The share of Generation Z workers in the construction labor force more than doubled between 2019 and 2023, according to a recent report.
|
US Business Activity Accelerates as Consumer Mood Slips
Firms cited higher input costs, yet selling prices rose at the slowest rate since April.
|
Wall Street Review: Dow Surges Past 47,000 Amid Strong Earnings, Lower-Than-Expected Inflation
The rally followed a volatile pattern marked by shifting headlines on U.S.-China trade relations and renewed optimism on rate cuts.
|
Trump Hikes Canada’s Tariffs by 10 Percent for Not Immediately Pulling Anti-Tariff Ad
The U.S. president accused an ad campaign by the provincial government of Ontario, Canada, of misrepresenting Ronald Reagan’s speech on tariffs.
|
180,000 New Apartments Being Converted for Adaptive Reuse in US: Report
Hotels account for one-third of conversions, while schools saw the largest increase in 2024.
|
Applied Materials to Cut 1,400 Jobs Worldwide Amid Automation Push
The company is the second-largest semiconductor equipment supplier in the world, and the job reduction represents 4 percent of its global workforce.
|
Mortgage Rates Fall to Lowest Level in Over a Year
A homebuyer with a $3,000 monthly budget can now afford a $473,750 home, up from $447,750 a year ago.
|
US Annual Inflation Ticks Up to 3 Percent for First Time Since January
October inflation data, meanwhile, might not accurately reflect consumer prices.
|
Trump Terminates Trade Negotiations With Canada Over Anti-Tariff Ad Featuring Reagan
Trump suggested the ad campaign was meant to interfere with an upcoming U.S. Supreme Court hearing on his administration’s tariffs.
|
China Using Coercion in Bid to Gain Upper Hand in Trump-Xi Talks: House China Panel Chair
By imposing rare earth controls, China is ‘firing a loaded gun’ into U.S. economy, said the lawmaker.
|
US Single-Family Rent Growth Slows to 15-Year Low, Report Finds
Rents for single-family homes rose just 1.4 percent in August, less than half the 3.3 percent growth recorded in the same month in 2024.
|
US Homebuyers Score Biggest Autumn Discounts in Years: Report
Meanwhile, the number of buyers’ markets in September doubled from a year ago.
|
Argentina’s Bonds and Peso Strengthen Ahead of Key Midterm Elections
Argentine President Javier Milei faces crucial legislative elections on Oct. 26.
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