Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3
While some on Wall Street are worried about a recession, recent economic data show that GDP growth is…
US Stock Rally Cools as October Turbulence, Earnings Season Loom
US equities have defied virtually every warning in the past five months, clocking one of the best stretches…
Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots
Shoppers look at school supplies at a Walmart in Dallas on August 12. – LM Otero/AP Americans ramped…
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth
WASHINGTON (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from…
The Top 50 Brands of 2025 Include Amazon, Formula 1, NBA and More
As the year has continued to be a guessing game of who will reign supreme amid an uncertain…
China Job Market Woes Spread at Worst Time for Deflation Fight
China’s labor market is deteriorating just as deflationary pressures showed initial signs of easing, threatening to reverse progress…
China’s consumers are surprising economists. Meet the ‘bifurcated shopper.’
Stories like these are showing up in the data, too. Retail sales overall grew only 3.4% in August,…
How much will Social Security increase in 2026?
The Social Security Administration won’t announce the 2026 cost-of-living adjustment (COLA) to benefits until next month, but experts are…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
Canadian consumers are buying less, including on credit cards, data shows – National
Descrease article font size Increase article font size The back-to-school shopping rush did little to get Canadians spending…
Unemployment, inflation and GDP growth will be worse this year than projected, budget office says
WASHINGTON (AP) — President Donald Trump’s tariff policy, immigration crackdowns and sweeping tax and spending law are expected…