Economy

Meanwhile, restaurant chain sales point to another trend: consumers forgoing expensive lifestyle meals in favor of more affordable options.

‘Trade policy remains highly salient to consumers,’ said Joanne Hsu, the survey’s director.

The Treasury reported the largest year-to-date shortfall in U.S. history, as Trump’s global tariffs generated a record $165 billion in revenues.

The report also indicates that more than one in four homes in the United States are at risk of severe or extreme climate events.

‘Our average tariff rate is not that high,‘ he said of tariffs on other countries. ’Most of the world is less than 15 percent.’

The latest inflation data support the likelihood that the Federal Reserve will cut interest rates next week.

The 30-year fixed mortgage rate decreased to 6.49 percent last week, marking its lowest level since October 2024, according to the Mortgage Bankers Association.

Required office time saw a 12 percent uptick since the first quarter of 2024, but actual attendance increased by only 1 to 3 percent.

Jamie Dimon says the outlook remains unclear, as consumers appear less confident while corporate profits remain resilient.

The watchdog will focus on inflation data and the monthly jobs report.

The president nominated the White House economic adviser to temporarily replace Fed Governor Adriana Kugler.

The consumer inflation reading may influence size of this month’s expected Federal Reserve rate cut.

America’s Asian households experienced an increase in median income of 5.1 percent, while Hispanic households saw 5.5 percent.

The U.S. president refers to Indian Prime Minister Narendra Modi as his friend, despite his recent comments suggesting that India was ‘lost’ to China.

Bad economic news seems to be good for stocks, since the more bad news we see, the more likely the Fed is to cut key rates.

Unemployment among college graduates has topped the national average in recent years—a reversal from pre-pandemic trends, Bank of America Institute said.

The largest annual revisions on record should push the Federal Reserve to cut interest rates, experts said.

Downward revisions in the private sector totaled 880,000.

The new tariff rates take effect retroactively, dating back to Aug. 7.

Meanwhile, restaurant chain sales point to another trend: consumers forgoing expensive lifestyle meals in favor of more affordable options.

‘Trade policy remains highly salient to consumers,’ said Joanne Hsu, the survey’s director.

The Treasury reported the largest year-to-date shortfall in U.S. history, as Trump’s global tariffs generated a record $165 billion in revenues.

The report also indicates that more than one in four homes in the United States are at risk of severe or extreme climate events.

‘Our average tariff rate is not that high,‘ he said of tariffs on other countries. ’Most of the world is less than 15 percent.’

The latest inflation data support the likelihood that the Federal Reserve will cut interest rates next week.

The 30-year fixed mortgage rate decreased to 6.49 percent last week, marking its lowest level since October 2024, according to the Mortgage Bankers Association.

Required office time saw a 12 percent uptick since the first quarter of 2024, but actual attendance increased by only 1 to 3 percent.

Jamie Dimon says the outlook remains unclear, as consumers appear less confident while corporate profits remain resilient.

The watchdog will focus on inflation data and the monthly jobs report.

The president nominated the White House economic adviser to temporarily replace Fed Governor Adriana Kugler.

The consumer inflation reading may influence size of this month’s expected Federal Reserve rate cut.

America’s Asian households experienced an increase in median income of 5.1 percent, while Hispanic households saw 5.5 percent.

The U.S. president refers to Indian Prime Minister Narendra Modi as his friend, despite his recent comments suggesting that India was ‘lost’ to China.

Bad economic news seems to be good for stocks, since the more bad news we see, the more likely the Fed is to cut key rates.

Unemployment among college graduates has topped the national average in recent years—a reversal from pre-pandemic trends, Bank of America Institute said.

The largest annual revisions on record should push the Federal Reserve to cut interest rates, experts said.

Downward revisions in the private sector totaled 880,000.

The new tariff rates take effect retroactively, dating back to Aug. 7.