EconomyUnited States
The American Consumer Keeps Spending. For How Long?
U.S. consumer spending stays resilient despite inflation and record-low sentiment, but economists warn the strain may be building.
—6 min read
Tag
#Us Economy
33 articles
Economy
Layoffs Are Rare, but Finding a New Job Takes Longer
With only 29,000 jobs added in September, unemployed Americans are taking longer to find work as benefits run out before paychecks resume.
—6 min read
EconomyUnited States
U.S. Adds Just 29,000 Jobs as Labor Market Loses Steam
U.S. employers added only 29,000 jobs in September, unemployment rose to 4.2%, and wage growth hit a five-year low, casting doubt on a Fed rate hike.
—6 min read
EconomyUnited States
U.S. Added Just 29,000 Jobs in September
The U.S. added only 29,000 jobs in September as unemployment rose to 4.2%, the final report before midterms, cooling odds of an October Fed hike.
—6 min read
EconomyUnited States
US Economic Sentiment Near Record Low on Prices
US consumer sentiment fell to 48.1 in September, near a record low, as gas prices, mortgage rates and inflation squeeze households before the midterms.
—6 min read
EconomyInternational
Copper Hits Record Highs Amid Trump Tariff Threat
Copper prices surged to record highs as Trump's tariff threat redistributes global stocks. Uneven supply and political indecision drive the market.
—5 min read
EconomyPolitics
Fed Weighs First Rate Hike Since 2023
The Federal Reserve is expected to raise interest rates Wednesday for the first time since 2023, defying President Trump's demands for cuts.
—5 min read
Business & Economy
US National Debt Surpasses Record $40 Trillion
The U.S. national debt has surpassed $40 trillion, highlighting growing fiscal challenges amid debates over spending and the debt ceiling.
—6 min read
EconomyPolitics
US Economy Grows at Sluggish 1.5% as Inflation Persists
US GDP grew just 1.5% in Q2 2026 as consumer spending surged. Inflation stayed stubbornly high at 3.7%, complicating the Fed's path ahead of midterms.
—6 min read
EconomyPersonal Finance
Personal Bankruptcy Filings Jump 48% as Pressures Mount
Personal bankruptcy filings surged 48% from 2022 to 2025 as credit card debt and medical costs drive more Americans into financial distress.
—6 min read
EconomyPolitics
Trump's Tariffs: 5 Implications for the US Economy
President Trump's permanent tariffs on 80+ countries add $1,100 in annual household costs. Here are five implications as court battles continue.
—4 min read
EconomyPolitics
Trump's Tariffs: 5 Key Implications for the US Economy
Trump's new tariffs take effect, driving up household costs, complicating Fed policy, and straining global trade. Here are five key implications.
—4 min read
EconomyTechnology
AI Lifts Markets and Economy, Raising Risks for Both
AI investment drives US economic growth and stock gains, but record market concentration and $1.4 trillion in AI debt create significant risks.
—5 min read
EconomyEducation
Student Loan Defaults Surge as 9.5 Million Fall Behind
Student loan defaults hit a record high with 9.5 million borrowers in default. Wage garnishment looms as millions face higher payments and damaged credit.
—6 min read
EconomyUS
Inflation Cools in June as Gas Prices Fall, Easing Fed
US inflation fell to 3.5% in June as gas prices dropped 9.7%, the largest CPI decline in four years. Core inflation eased, reducing pressure on the Fed.
—5 min read
EconomyPolitics
Trump's Foreign Investment Boom Hits Economic Headwinds
Trump promised a foreign investment boom driven by tariff threats. Now a strong dollar, high rates, and global uncertainty push capital away.
—4 min read
Economy
US Trade Deficit Widens Sharply in May on Record Imports
The US trade deficit jumped 42.2% to $77.6 billion in May as goods imports hit a record $317 billion, driven by AI semiconductors and crude oil.
—5 min read
EconomyFinance
Warsh: Inflation Risks Have Declined in Recent Weeks
Fed Chair Kevin Warsh says inflation risks have declined, citing falling energy prices after the US-Iran deal. He also addressed AI and Fed independence.
—5 min read
EconomyInternational Trade
South Korea Platform Law Could Cost US States $525B
South Korea's proposed platform law could cost US states $525B over a decade, with California facing $123B in losses, model estimates.
—4 min read
International AffairsEconomy
Who Profits from the Iran War? America's War Business
A Xinhua analysis examines how America's military-industrial complex profits from the Iran conflict while taxpayers and consumers bear the costs.
—6 min read
International Business & Finance
Alan Greenspan, Architect of Monetary Policy, Dies at 100
Alan Greenspan, former Federal Reserve chairman who served under four presidents and guided US monetary policy for 18 years, has died at 100.
—6 min read
ObituariesEconomy
Alan Greenspan, Former Federal Reserve Chairman, Dies at 100
Alan Greenspan, who served as Federal Reserve chairman from 1987 to 2006 and shaped U.S. monetary policy through boom and crisis, has died at 100.
—5 min read
EconomyHousing
Income for Median-Priced Home Nearly Doubles Since 2020
Harvard report: Income needed for a median-priced US home nearly doubled to $120,000 since 2020 as prices outpace wages.
—4 min read
Business & Economy
Fed Holds Rates Steady in Warsh's First Meeting as Chair
The Fed held rates at 3.5%-3.75% in Kevin Warsh's first meeting as chair. The hawkish dot plot signals potential rate hikes amid 4.2% inflation.
—6 min read
Business & Economy
U.S. Exports Rose 2.6% in April on Strait Closure Oil Demand
U.S. exports rose 2.6% in April to $327.1B, driven by record oil exports as the Strait of Hormuz closure boosted demand for American crude.
—5 min read
International ConflictEconomy
Iran and Israel Pull Back as US Economy Strains Under War
Iran and Israel de-escalate after exchanging direct strikes, while Trump defends his war record and US consumers feel the economic pinch.
—5 min read
Middle East ConflictEconomy
Iran War Reshapes Economy as Conflict Spreads to Beirut
Oil spikes, US consumers cut spending, Israel bombs Beirut, and Trump claims a nuclear pledge as the Iran war enters its fourth month with no end in sight.
—6 min read
EconomyMiddle East Conflict
Iran War Reshapes US Consumer Spending as Oil Prices Surge
The Iran conflict drives oil above $100, forcing US consumers to cut spending and shift habits. OPEC+ boosts production as demand destruction fears grow.
—6 min read
EconomyPolitics
US Jobless Claims Hit Highest Level Since Iran War Began
US jobless claims rose to 225,000, the highest since the Iran war began in February, signaling growing economic strain from the conflict.
—4 min read
Economy
Inflation Hits 3.8%, Consumer Sentiment at Record Low
US inflation hits 3.8% in April, highest in three years, as consumer sentiment plunges to a record low amid the Iran war-driven energy crisis.
—7 min read
EconomyUnited States
US Jobless Claims Rise to 215,000; Layoffs Low Amid Iran War
Weekly US jobless claims rose to 215,000, but layoffs remain historically low despite economic uncertainty from the Iran war and rising oil prices.
—5 min read
EconomyHousing
Homes Not Moving: Five US Cities Hit by Steep Price Cuts
Phoenix, Tampa, San Antonio, Denver, and Portland lead US markets in home price cuts as high rates and inflation cool buyer demand.
—4 min read
EconomyPolitics
Kevin Warsh Takes Charge of Fed Amid Rising Inflation Threat
Kevin Warsh was sworn in as Fed chair on May 22, inheriting an economy with 3.8% inflation, a divided FOMC, and pressure from Trump to cut rates.
—5 min read