Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
These 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says
The U.S. economy is still managing to avoid a recession, but just barely, with its fate likely resting…
The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says
One of Wall Street’s most closely watched voices delivered a blunt message to peers and policymakers: The U.S.…
TD Economics – WATCH: Beata Caranci speaks on new report ‘Tails we win, heads you lose’ with MoneyTalk
According to a new report from TD Economics, the U.S. has been an economic disruptor of itself. Whether…
Weak jobs report fuels expectations of an interest rate cut
Job growth cooled notably last month while the unemployment rate rose to the highest since 2021, fanning concerns…
August jobs report to show further ‘softness growing’ in the US labor market as Fed rate cuts near
The US labor market is slowing down. After a round of weaker-than-expected job market figures this week, the…
Trump criticizes Goldman Sachs over tariff inflation claims
Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to…
More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says
Moody’s Analytics chief economist Mark Zandi followed up his earlier warning that the economy is on the brink…
US New-Home Sales Drop by Most Since 2022 on Poor Affordability
(Bloomberg) — US purchases of new homes fell in May by the most in almost three years as…
Top economist who previously sounded the alarm on tariffs sees a possible scenario where Trump ‘outsmarted all of us’
Torsten Sløk, chief economist at Apollo Global Management, laid out a potential scenario where President Donald Trump’s tariffs…