Economy
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Economy | LATEST STORIES
More Than Half of Americans Weigh Hosting Thanksgiving in Home Search, Survey Finds
Sixty percent of Gen Z and millennials said space for hosting, especially Thanksgiving dinner, influences their home searches.
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Treasury Secretary Says Americans Could Save $2,000 Tariff Dividend Payment
‘My prediction is, the first quarter, second quarter, what we’re going to see is we have brought the inflation down’, Bessent said.
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Thanksgiving Dinner Costs Decline as Turkey Prices Fall 16 Percent, Farm Bureau Says
Retailers have slashed turkey prices ahead of Thanksgiving, helping drive the average cost of a 10-person feast down to $55.
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Gen Z Delaying Homeownership, Affecting Other Life Decisions, Poll Finds
For many, the wait to buy a home leads to other postponements, such as delaying marriage, children, or a career change.
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US Workers Increasingly Turn to Gig Economy as Job Market Loses Steam: Report
Gig employment is on the rise in many urban areas where job cuts are felt most keenly, Goldman Sachs said.
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US Lifts Tariffs on Philippine Agricultural Exports Worth $1 Billion
Nearly half of the Philippines’ $14.5 billion in exports to the United States will be free from the reciprocal tariffs, Manila officials said.
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Trump Says Jerome Powell’s Fed Successor May Already Be Picked
‘I’d love to get the guy currently in there out right now, but people are holding me back,’ President Donald Trump told reporters.
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European Banks Face Unprecedentedly High Shock Risk: ECB
Europe’s central bank said geopolitical tensions and technological disruptions were among factors exacerbating structural vulnerabilities.
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US Private Sector Cut 2,500 Jobs Per Week Heading Into November: ADP
The Department of Labor has resumed its flow of employment data ahead of key September jobs report.
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Small Retailers Enter Holiday Season Optimistic
A report shows that 10 percent to 50 percent of U.S. small businesses’ annual sales come from holiday purchases.
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Medicare Part B Costs to Jump 10 Percent in 2026
The increases to Part B coverage were lower than predicted.
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Trump Says Country Sought to Renegotiate US Trade Deal
‘If we didn’t have tariffs, the situation would be in serious trouble,’ the president said.
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NAR Projects US Home Sales to Jump by 14 Percent in 2026
The organization attributes the expected rebound to declining mortgage rates, continued job gains, and improved market stability.
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Tax Cuts, Energy Production Will Increase Affordability, Prices Already Falling: Trump
President Donald Trump’s appearance comes as more Americans worry about inflation and the economy.
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US Aims for Thanksgiving Deadline for China Rare Earths Deal
‘The agreement is that the magnets will flow freely, as they did before April 4,’ Bessent said.
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Trump Says China Will Buy More US Soybeans as Data Reveal Low Volume
Beijing will buy ‘a lot of’ soybean and other U.S. goods before spring, Trump said.
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US Homebuilders Offer ‘Elevated’ Incentives Amid Affordability Challenges
Although new construction slowed to 27 percent in August, some markets are still experiencing a glut of leftover new homes on the market.
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China’s Singles’ Day Shopping Festival Slows Amid Sluggish Economy
The sales growth is significantly lower than last year, which indicates ‘poor quality growth’ amid deflation.
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Business Groups Ask Supreme Court to Block California Emissions Reporting
The ESG-inspired state laws, which force companies to disclose climate risks, take effect in 2026.
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September Jobs Report Arrives Next Week as Government Shutdown Ends: BLS
Key economic reports, from inflation to growth, will resume publishing over coming weeks.
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More Than Half of Americans Weigh Hosting Thanksgiving in Home Search, Survey Finds
Sixty percent of Gen Z and millennials said space for hosting, especially Thanksgiving dinner, influences their home searches.
|
Treasury Secretary Says Americans Could Save $2,000 Tariff Dividend Payment
‘My prediction is, the first quarter, second quarter, what we’re going to see is we have brought the inflation down’, Bessent said.
|
Thanksgiving Dinner Costs Decline as Turkey Prices Fall 16 Percent, Farm Bureau Says
Retailers have slashed turkey prices ahead of Thanksgiving, helping drive the average cost of a 10-person feast down to $55.
|
Gen Z Delaying Homeownership, Affecting Other Life Decisions, Poll Finds
For many, the wait to buy a home leads to other postponements, such as delaying marriage, children, or a career change.
|
US Workers Increasingly Turn to Gig Economy as Job Market Loses Steam: Report
Gig employment is on the rise in many urban areas where job cuts are felt most keenly, Goldman Sachs said.
|
US Lifts Tariffs on Philippine Agricultural Exports Worth $1 Billion
Nearly half of the Philippines’ $14.5 billion in exports to the United States will be free from the reciprocal tariffs, Manila officials said.
|
Trump Says Jerome Powell’s Fed Successor May Already Be Picked
‘I’d love to get the guy currently in there out right now, but people are holding me back,’ President Donald Trump told reporters.
|
European Banks Face Unprecedentedly High Shock Risk: ECB
Europe’s central bank said geopolitical tensions and technological disruptions were among factors exacerbating structural vulnerabilities.
|
US Private Sector Cut 2,500 Jobs Per Week Heading Into November: ADP
The Department of Labor has resumed its flow of employment data ahead of key September jobs report.
|
Small Retailers Enter Holiday Season Optimistic
A report shows that 10 percent to 50 percent of U.S. small businesses’ annual sales come from holiday purchases.
|
Medicare Part B Costs to Jump 10 Percent in 2026
The increases to Part B coverage were lower than predicted.
|
Trump Says Country Sought to Renegotiate US Trade Deal
‘If we didn’t have tariffs, the situation would be in serious trouble,’ the president said.
|
NAR Projects US Home Sales to Jump by 14 Percent in 2026
The organization attributes the expected rebound to declining mortgage rates, continued job gains, and improved market stability.
|
Tax Cuts, Energy Production Will Increase Affordability, Prices Already Falling: Trump
President Donald Trump’s appearance comes as more Americans worry about inflation and the economy.
|
US Aims for Thanksgiving Deadline for China Rare Earths Deal
‘The agreement is that the magnets will flow freely, as they did before April 4,’ Bessent said.
|
Trump Says China Will Buy More US Soybeans as Data Reveal Low Volume
Beijing will buy ‘a lot of’ soybean and other U.S. goods before spring, Trump said.
|
US Homebuilders Offer ‘Elevated’ Incentives Amid Affordability Challenges
Although new construction slowed to 27 percent in August, some markets are still experiencing a glut of leftover new homes on the market.
|
China’s Singles’ Day Shopping Festival Slows Amid Sluggish Economy
The sales growth is significantly lower than last year, which indicates ‘poor quality growth’ amid deflation.
|
Business Groups Ask Supreme Court to Block California Emissions Reporting
The ESG-inspired state laws, which force companies to disclose climate risks, take effect in 2026.
|
September Jobs Report Arrives Next Week as Government Shutdown Ends: BLS
Key economic reports, from inflation to growth, will resume publishing over coming weeks.
|