economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Trump Disputes Goldman Sachs Predictions on Tariff Effects

Trump Disputes Goldman Sachs Predictions on Tariff Effects
Trump Disputes Goldman Sachs Predictions on Tariff Effects
August 12, 2025  |  Economy

President Donald Trump said Tuesday (Aug. 12) that Goldman Sachs and CEO David Solomon should replace the bank’s chief economist and disputed the bank’s predictions...

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Inflation Holds Steady, But Everyday Costs Keep Climbing
Inflation Holds Steady, But Everyday Costs Keep Climbing
August 12, 2025  |  Economy

Inflation’s steady, but the puts and takes of the July reading from the Bureau of Labor Statistics shows there’s no real respite for households navigating...

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Wage Growth Stalls for Low-Income Workers After Years-Long Boom
Wage Growth Stalls for Low-Income Workers After Years-Long Boom
August 12, 2025  |  Economy

After years of rapid wage growth for low-income workers in the United States, a slowdown has set in, The Wall Street Journal reported Monday (Aug....

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Bank of America Strategists Expect Fed to Lower Interest Rates
Bank of America Strategists Expect Fed to Lower Interest Rates
August 11, 2025  |  Economy

Bank of America strategists reportedly lowered their Treasury yield forecasts Monday (Aug. 11), saying recent developments have increased the likelihood of lower interest rates. The...

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Small Business ‘Goalposts Keep Moving’ as Tariffs Persist, Report Says
Small Business ‘Goalposts Keep Moving’ as Tariffs Persist, Report Says
August 11, 2025  |  Economy

American small businesses are reportedly making steep price hikes in response to new tariffs. That’s according to findings from the Financial Times (FT) published Monday (Aug. 11),...

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Inflation Forecast to Creep Up Amid Tariff-Related Price Hikes
Inflation Forecast to Creep Up Amid Tariff-Related Price Hikes
August 10, 2025  |  Economy

Inflation is creeping up as retailers hike prices in response to ongoing U.S tariffs. That’s according to a report from Bloomberg News Friday (Aug. 8),...

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Middle-Market America Sees Tariffs as the New Status Quo
Middle-Market America Sees Tariffs as the New Status Quo
August 08, 2025  |  Economy

Better get used to it. Maybe for a long time. As a new wave of U.S. tariffs on regions and countries, including Europe and South...

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Consumers Feel Better About Finances Despite Inflation Woes
Consumers Feel Better About Finances Despite Inflation Woes
August 07, 2025  |  Economy

American consumers feel more optimistic about their finances, but wary of several other economic factors. That’s according to the July 2025 Survey of Consumer Expectations, released...

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