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The EU owns $8 trillion in Treasurys
The EU owns $8 trillion in Treasurys. Sure, Eurozone governments probably won’t use ‘em as leverage in the Trump-Greenland situation — and even if th…
1 month, 1 week ago
The global trade status quo is shifting. Will the U.S. be left out?
After decades of globalization, the U.S. may be paying a political price: International leaders are forging new trade agreements independent of Ameri…
1 month, 1 week ago
U.S.-EU relationship status: It's complicated
President Trump has announced new tariffs on European Union countries, aimed at forcing a deal for the U.S. to acquire Greenland. But the EU could re…
1 month, 1 week ago
Skilled labor scarcity
An AI-driven construction boom is coming, some hope. But to build all that infrastructure, the U.S. is going to need a lot more construction workers,…
1 month, 2 weeks ago
Trump's latest plan to lower mortgage rates
President Trump recently ordered government-backed mortgage companies (that’s Fannie Mae and Freddie Mac) to buy up $200 billion in mortgage-backed s…
1 month, 2 weeks ago
Finding work as a young person? In this economy?
The unemployment rate in December among people aged 20 to 24 was 8.2%. That’s up nearly a full percentage point from 2024, and much higher than the o…
1 month, 2 weeks ago
It's not just you — food prices rose 2.4% last year
The cost of food consumed at home was up 0.7% month-over-month in December, and 2.4% year-over-year. Go back five years, and grocery prices are up 25…
1 month, 2 weeks ago
The Fed under attack
The Department of Justice has opened an investigation into the Federal Reserve and Chair Jerome Powell, a move Powell has since called "an unpreceden…
1 month, 2 weeks ago
The weak spot in this job market
The rate of jobless Americans who’ve been out of work for over 27 weeks — also known as “long-term unemployed” — hit 26% in December, according to th…
1 month, 3 weeks ago
Productivity climbs — without hiring to match
Labor economists will tell ya, productivity growth leads to more hiring. The idea is, once a company is operating more efficiently, they’ll try expan…
1 month, 3 weeks ago