The tariff-induced spending splurge may have come to an end. In May, retail sales slipped 0.9%, adding to a revised 0.1% decline in April, according...
U.S. retail and food services sales saw a month-over-month decline of 0.9% in May after slipping 0.1% in April, the Census Bureau reported Tuesday (June...
The Trump family has reportedly licensed its name to a mobile service and smartphone. Trump Mobile, which includes a phone that sells for $499, marks...
American importers are facing yet another complication from White House trade policies. As Reuters reported Monday (June 16), it’s a phenomenon known as “tariff stacking,” which is...
American companies are reportedly resorting to job cuts amid tariff-related uncertainty. More than 170 companies are expected to announce layoffs this month, Seeking Alpha reported...
There has been a moderate rebound in consumer sentiment, but overall, consumers’ attitudes are below pre-tariff levels. Preliminary June data from the University of Michigan...
Household net worth in the United States declined by 0.9% during the first quarter, according to the Federal Reserve. The figure decreased by $1.6 trillion,...
Beyond the headlines on tariffs, trade and their macroeconomic implications, the back and forth about exports and imports highlights the importance of smooth fund flows...