Browsing: Economy
Jeremy Erickson/Bloomberg Key insight: Economists see validity in Fed Gov. Miran’s argument that shelter inflation is coming down, but note the impact to overall inflation may…
China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025.Carlos…
Key Insight: Americans are increasingly overwhelmed by all their digital subscriptions, leaving an opening for banks to help organize and save money on them.Supporting Data: In…
Americans aren’t quitting their jobs — and that trend is changing the way the labor market functions.Since April 2024, the U.S. economy has shed 1.2 million…
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down.The department revised lower its nonfarm…
Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat.The bank’s data shows…
Some of America’s top financial services executives are starting to issue warnings about the economy.Saying they’re seeing signs of “softening” or “weakening,” a slew of CEOs…
WASHINGTON — The Bureau of Labor Statistics reported that the economy added 22,000 jobs in August, an anemic growth rate that could pave the way for…
Jose Luis Pelaez Inc | Digitalvision | Getty ImagesData suggests the U.S. economy may be in a precarious spot — and investors may be wise not…
Up until a few months ago, the drive from Beirut’s international airport through the Lebanese capital city’s southern suburbs used to feature a stream of pro-Iranian…
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