U.S. Economy
U.S. Midsize Firms See Tariff Costs Triple, JPMorganChase Study Finds
A JPMorganChase Institute study shows tariffs paid by midsize U.S. companies tripled last year, challenging administration claims. This signals economic disruption for businesses employing 48 million.
Ray Dalio Warns of Economic and Political Shifts in the U.S.
Renowned investor Ray Dalio draws parallels between current U.S. economic and political conditions and the 1930s, cautioning about rising autocracy and economic stagnation.
Trump’s Nomination of E.J. Antoni to Lead Bureau of Labor Statistics Sparks Debate
President Donald Trump has nominated E.J. Antoni, a conservative economist, to head the Bureau of Labor Statistics, following the controversial dismissal of Erika McEntarfer. Critics and supporters weigh in on the implications for this historically non-partisan agency.
Friday’s Jobs Report to Reveal Key Labor Market Trends
The U.S. jobs report on Friday is expected to show a slowdown in hiring, with potential implications for inflation, recession fears, and Federal Reserve policy.
Steel and Worry Packaging Manufacturers Aluminum Tariffs
U.S. packaging manufacturers voice concerns as tariffs on steel and aluminum imports double, warning of rising costs for businesses and consumers.
Walmart to Raise Prices Due to Tariffs, Impacting U.S. Shoppers
Walmart announces price hikes on various goods due to increased tariffs, with effects expected as early as June.
Key Indicators Economists Monitor for a Potential U.S. Recession
Economists analyze metrics like consumer spending, job market trends, and trade policies to predict the likelihood of a U.S. recession in the near future.
Ray Dalio Warns U.S. Faces Economic Crisis Worse Than Recession
Billionaire investor Ray Dalio warns that the U.S. could face an economic crisis worse than a recession, citing rising debt, global tensions, and disruptive trade policies.