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KUWAIT: This week saw increased global market activity amidst key economic data releases, central bank signals, trade developments and geopolitical events. In the United States, July data highlighted ...
Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, ...
The economic forecast is getting bleaker by the month. In July, wholesale inflation rose at the fastest monthly pace since June 2022. The producer price index jumped 0.9% from June to July – more than ...
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
PPI surges in July due to Trump's tariffs, impacting small caps more than large caps. Consider SPY, IJS, RZV and sector ...
U.S. Rep. Tim Moore spoke about the impacts of tariffs on the economy while touring Charlotte-area businesses Friday.
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...
If tariff-driven inflation is truly arriving, already low estimations of Trump’s handling of prices could really plunge.
US PPI data shows tariff inflation is arriving for consumers. Retail sales have held up for now, but souring sentiment warns of recession risk ahead.
Inflation has gone from creeping upward to surging, but investors are betting the effects of tariffs will be transitory.
The combination of the surprise revisions of the nonfarm payroll employment data, plus the mounting pressure by the Trump ...