Despite expectations surrounding President Donald Trump’s tariffs, inflation doesn’t seem to be speeding up — though it’s hard to say for sure without all that reliable federal data. You can thank co…
Published on 1 week, 5 days ago
Consumer sentiment — as in, how everyday people feel about the economy — fell to a low not seen since 2022, according to the University of Michigan’s Surveys of Consumers. The decline was consistent …
Published on 2 weeks, 1 day ago
The firm Challenger, Gray & Christmas counted over 153,000 job cuts in this country last month — the most October layoffs since 2003. Are companies pivoting to save money in light of over hiring and …
Published on 2 weeks, 2 days ago
With no government jobs data available during the shutdown, analysts have turned to private reports for clues about the labor market. In the latest round, ADP said private companies added jobs in Oct…
Published on 2 weeks, 3 days ago
The U.S. Supreme Court will hear arguments on Wednesday for and against the legality of President Trump’s signature economic policy: tariffs. In this episode, a lawyer walks us through what’s at stak…
Published on 2 weeks, 4 days ago
The Trump administration has been court ordered to partially fund this month’s SNAP benefits, after refusing to step in during the shutdown. Emergency USDA funds will cover about half of the $8 billi…
Published on 2 weeks, 5 days ago
The U.S. economy is increasingly “K-shaped.” That means the gap between the wealthiest companies and consumers, and ... everyone else, is growing. Big Tech companies rake it in while smaller firms st…
Published on 3 weeks, 1 day ago
With the government shutdown delaying the Bureau of Economic Analysis' third quarter GDP estimate, economists turn to Fed models and private analysts. The verdict? The estimates vary but generally in…
Published on 3 weeks, 2 days ago
Nvidia's market valuation surged to $5 trillion Wednesday, breaking records. The chipmaker is on fire, and it’s using its glut of resources to invest in other tech firms that need those chips. But if…
Published on 3 weeks, 3 days ago
Amazon and Chegg both announced layoffs this week; Chegg says AI competition was a factor, and Amazon’s CEO alluded to AI-related job cuts earlier this year. History tells us when a new technology co…
Published on 3 weeks, 4 days ago
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