Finance
US retail, food sales up 0.6% in August
The US retail and food service sales increased 0.6% month-over-month to the $732.0 billion level in August, surpassing the expectations of the…
Finance
U.S. markets, the Federal Reserve, and the decisions that move money.
Finance
US posts $345B budget deficit in August
In August 2025, the U.S. government tallied a $345 billion budget deficit, slightly smaller by 9% than the same month last year.…
Finance
OECD: Fed could cut further as global growth slows into 2026
The OECD raised its 2025 global growth forecast but warned that the full impact of US tariff hikes has yet to be…
Finance
Consumer sentiment falls to 55.4 in September
Consumer sentiment in the U.S dropped to 55.4% in September, which is a 4.8% decrease from August's 58.2% and the lowest point…
Finance
Fed cut pivots focus to jobs; 10-year yield near 4.1%
The Federal Reserve made the first interest rate cut of 2025 on September 17, with the decision makers reducing the benchmark rate…
Finance
August retail sales climb 0.6% despite economic pressures
U.S. retail sales went up by 0.6% in August, which is considered better than was expected. This indicates Continued consumer spending despite…
Finance
US housing starts drop 8.5% in August
US housing starts plummeted 8.5% in August to 1.307 million units on a seasonally adjusted annual rate, marking the lowest level since…
Finance
US import, export prices both rise 0.3% in August
In August, the U.S. Bureau of Labor Statistics (BLS) indicated that both import and export prices rose by 0.3%. This simultaneous increase,…
Finance
Fed cuts rates 0.25, warns on job risks
On Wednesday, the Federal Reserve reduced the key federal funds rate by a quarter point in the first decline in nine months…
Finance
US consumer sentiment falls to 55.4 in September
In September, Americans’ consumer sentiment dropped sharply and to its lowest level since May. This reflects increased anxiety about the labor market…
Finance
US producer prices fall 0.1% in August
US producer prices fall unexpectedly by 0.1% in August, defying economists' expectations for a 0.3% increase and providing the Federal Reserve with…
Finance
US jobless claims rise to 263,000 in early September
Early September brought a reminder of the U.S. job market’s fragility as applications for jobless benefits climbed up to 263,000. This increase…