There are increasing signs that tariff-related prices are eating into corporate profits, Reuters reported Monday (Jan. 26). This week will bring earnings reports from several companies that have a global reach, including General Motors, Colgate-Palmolive and packaged goods provider Kimberly-Clark, the report said. Although consumer...
For nonprofit thrift store company Goodwill, 2025 was apparently a very good year. As The New York Times (NYT) reported Monday (Jan. 26), the largest chain of its kind in the world saw record revenues of $7 billion last year, a sign that consumers are feeling pinched. “We...
Consumer outlook improved in January, reversing some of the sharp deterioration seen at the end of last year, though the recovery remains tentative. The University of Michigan’s Index of Consumer Sentiment, reported on Friday (Jan. 23) rose to 56.4 in January from 52.9 in December, reflecting...
The U.S. economy is advancing on the strength of household spending even as the pace of income growth slips into a lower gear. Economic data newly released on Thursday (Jan. 22), help fill in some of the gaps of delayed reporting due to the government...
President Donald Trump’s wide-ranging address at the World Economic Forum in Davos on Wednesday (Jan. 21) drew headlines for its geopolitical content but was also notable for its coverage of key domestic economic themes. Embedded in the speech were repeated references to the U.S. economy...
The effort to uncover insider trading within prediction markets is reportedly gaining steam. That’s according to a report by Bloomberg News Wednesday (Jan. 21), which cites the example of a new tool from financial data provider Unusual Whales. It examines the prediction platform Polymarket for unusual activity and possible insider...
The U.S. Labor Economy may sit at the lower end of the wage scale, but it punches far above its weight in economic impact. Roughly 60 million workers earning less than $25 an hour account for about 15% of total U.S. consumer spending, making their...
The specter of a global trade war once again raised its head over the weekend. The immediate takeaway of the tariff news was familiar: uncertainty is back, and companies must prepare to weather it. But a more consequential issue lurks. The central question of the...
The European Union could implement tariffs on U.S. goods as soon as Feb. 7, The Wall Street Journal reported Monday (Jan. 19), citing a European Commission spokesman. The EU approved the tariffs in July 2025 but paused their implementation for six months as the EU...