How Americans Spent their Trillions of Inflation-Adjusted Dollars on Goods & Services and How that Changed since 2015
Spending on healthcare services, which blew by housing in 2023, continues to soar. But the big splurge on…
China industrial profits growth cools to slowest in seven months
Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China…
New inflation data delivers blow to Republicans campaigning on economic strength
WASHINGTON (TNND) — It hasn’t been easy for Republicans running in the midterm elections to convince voters that…
How Canada tariffs could impact California trade
California exports nearly $17 billion in goods to Canada. How will tariffs impact the state? A trade war…
Trump says the US doesn’t need Canada. The economy says otherwise
TORONTO (AP) — U.S. President Donald Trump says his country does not need Canada. But every day, roughly…
Economists want Warsh to share more on his view of the economy at Jackson Hole, says CNBC survey
Markets want more info from the Fed Chairman and less intervention from the Treasury Secretary. That’s the message…
Canadians Cut US Travel by a Quarter and Aren’t Rushing Back
Canadians won’t stop giving US trips the cold shoulder. According to Statistics Canada’s National Travel Survey released Tuesday,…
Roundup: Chevron fight escalates / US economy growth / Durable goods demand
Verdict back in play: The Fifth Circuit Court of Appeals has sent Plaquemines Parish’s $744.6 million coastal-damage case…
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal…
US economy expanded at sluggish 1.5% pace from April through June
WASHINGTON (AP) — The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer…
US rates need to rise soon absent evidence of ongoing drop in inflation, Fed’s Collins says
(Corrects day of week in last paragraph) By Howard Schneider WASHINGTON, Aug 25 (Reuters) – The U.S. Federal…
Asia’s rising wealth to propel finance industry past US: report
Finance Deloitte says China to lead in scale and innovation as regional economy expands A report published by…