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No, private data can't replace the BLS
As the Trump administration strips away federal data collection agencies' funding and pressures statisticians to produce positive reports, we might w…
7 months, 3 weeks ago
Sticky inflation, Fed drama and the rise of 'cute' debt
Core inflation rose to 2.9% in July, according to the latest PCE data — the Fed's preferred inflation gauge — marking its highest level in months. Bu…
7 months, 3 weeks ago
What's really going on in the Trump economy?
The U.S. economy grew faster than expected in the second quarter of the year, with GDP revised up to an annualized 3.3% from April through June. We t…
7 months, 3 weeks ago
The relationship between consumer mood and spending? It's complicated
On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip …
7 months, 3 weeks ago
Can the president remove a Fed governor?
Late Monday, President Trump announced plans to remove Lisa Cook from the Federal Reserve Board of Governors over unproven allegations of mortgage fr…
7 months, 4 weeks ago
For every action, something can go sideways
President Trump's recent deal with Intel gives the U.S. government a 10% ownership stake in the company. But today, Intel responded with a regulatory…
7 months, 4 weeks ago
Special Coverage from "Marketplace": The Real Costs
These are tumultuous times in the economy. There is inflation, a weakening job market, and uncertainty over tariffs and other federal policies. But t…
7 months, 4 weeks ago
Chili's is back (baby back, baby back)
Brinker International, which owns casual dining chain Chili’s, just beat 50-year sales and revenue records. In this fickle economic moment, how’d the…
8 months ago
WWJPD?
Rising unemployment claims will be on Fed Chair Jay Powell's mind when he addresses the Jackson Hole Economic Symposium on Friday, and as he contempl…
8 months ago
Consumers embrace their inner Maxxinista
A consumer vibes indicator, in the form of two Q2 earnings reports: TJX (which owns TJ Maxx, HomeGoods, and Marshalls) raised its outlook for the rem…
8 months ago