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The 2025 consumer sentiment rollercoaster
Consumer sentiment really ran the gamut this year. But right now, Americans are feeling almost as bad about the economy as they were when inflation w…
4 months ago
That CPI report got a Black Friday discount
November inflation data came in lower than expected, according to the latest CPI report. But we can’t compare it to the previous month, since the BLS…
4 months ago
Oil flow or oil freeze?
A U.S. blockade of Venezuelan oil tankers may sound disruptive, but global oil is plentiful, and Gulf Coast refiners remain tied to Venezuela’s heavy…
4 months ago
Unemployment hits four-year high
The U.S. unemployment rate climbed to 4.6% in November, according to the latest BLS jobs report. There’s also data showing more Americans are reenter…
4 months ago
Time to strike out on your own?
IRS filings for new business applications have been climbing the past few months — particularly in the retail sector. The last time we saw a spike li…
4 months, 1 week ago
The stock market isn't the economy — but it's not nothing either
While markets are mellowing a bit, three major stock indexes closed at record highs on Thursday. Reminder: The stock market is not the economy! But i…
4 months, 1 week ago
Why the Fed is thinking about immigration
Federal Reserve Chair Jay Powell’s latest presser was all about the job market. Buried among the usual talking points, like hiring sentiment and the …
4 months, 1 week ago
Fed rate cut diverges from global central bank strategy
The Federal Reserve cut its key interest rate Wednesday by a quarter point. That’s pretty much what analysts expected. But in other parts of the worl…
4 months, 1 week ago
The great decoupling
When revenue grows, hiring grows — usually. But in November, retail sector job cuts were up nearly 140% year over year, according to outplacement fir…
4 months, 1 week ago
What's in the long-awaited farmer relief package
We now know some details about the Trump administration’s promised agricultural relief package. Central to the plan is billions in one-time payments …
4 months, 2 weeks ago