Economy

Tariff threat raises costs

On Friday, President Donald Trump warned on social media he is weighing a 100% tariffs hike on Chinese imports and new export controls after Beijing tightened rules on rare earths,

GDP Revision Bolsters AI-Led Growth Case

NVDA -0.70%AMAT -2.71%TSM +1.42%Moves based on latest close • Data via Yahoo! Finance On Sept. 25, the Commerce Department’s final estimate revised second‑quarter

Data Blackout Threatens Key Releases

Today, the federal government shutdown has put the release of the crucial monthly jobs report and other economic statistics at risk, potentially leaving markets and policymakers without official data for

PCE: Inflation In Line

Friday, the Bureau of Economic Analysis reported the August Personal Consumption Expenditures price index rose 0.26% month‑over‑month and 2.7% year‑over‑year, roughly matching economist forecasts

PCE Steady, GDP Revised Higher

Friday, the Bureau of Economic Analysis’ PCE release showed the Fed’s preferred inflation gauge rose 2.7% year‑over‑year in August, with the core PCE (ex food and

PCE: Core Inflation Steady

Today, the Federal Reserve’s preferred gauge of consumer prices showed core Personal Consumption Expenditures held near recent levels, a result that keeps markets focused on the timing of further

Macro Resilience, Policy Risks

The OECD lifted its outlook for global growth to 3.2% in 2025 (from 2.9%), with the U.S. raised to 1.8%. The upgrade underscores better-than-expected momentum in

France and Japan’s Political Storms Spill Over

The US isn’t the only economy facing turbulence. France is careening toward a government collapse, as fiscal crisis and record-high debt spark investor jitters and a likely fifth change

Holiday Spending Set for Steepest Drop Since 2020

Is this the holiday pullback retailers feared? The latest projections show that American households plan to spend 5% less this holiday season, marking the largest contraction since the pandemic hit

Tariff Turmoil Clouds US Manufacturing