Economics
Indeed Signals Troubling Outlook for U.S. Job Market
Indeed's layoffs and the decline in consumer confidence signal deepening challenges in the U.S. labor market and broader economic instability.
3 min read
Economics
Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
735 posts
Economics
Producer Prices Climb in April, Inflation Persists
The Bureau of Labor Statistics reports a significant rise in April's Producer Price Index, surpassing expectations and reinforcing concerns about persistent inflation.
2 min read
Economics
Fed Chair Powell Snubs Inflation Fears, Refuses Rate Hikes
Federal Reserve Chair Jerome Powell stated that the central bank is unlikely to raise interest rates despite ongoing inflation concerns.
2 min read
Economics
Biden Administration Quadruples Tariffs on Chinese EVs
The Biden will quadruple tariffs on Chinese electric vehicles to 100%, alongside increased tariffs on other Chinese goods like steel, aluminum, and lithium-ion batteries.
2 min read
Economics
Corporate Media Celebrates as Recession Looms
The Wall Street Journal's upbeat view on recession contrasts starkly with the grim realities most Americans face, exposing a significant disconnect between Wall Street and Main Str…
2 min read
Economics
Freddie Mac's New 'Mortgage Reform' Could Spell Disaster
Freddie Mac's proposed $3 trillion home equity loan program could risk a repeat of the 2008 financial crisis by heavily indebting consumers and destabilizing the economy.
2 min read
Economics
Credit Crunch Cripples China's Economy
China's economy is grappling with a severe credit contraction prompting government measures and raising global economic concerns.
3 min read
Economics
$7.5 Billion Federal Investment Nets Just Seven EV Charging Stations Nationwide
A $7.5 billion federal investment intended to expand the U.S. EV charging network has only produced seven charging stations nationwide as a result of stringent regulations.
1 min read
Economics
NY Fed Survey Signals Alarming Rise in Inflation and Home Price Expectations
The NY Fed survey reveals Americans anticipate rising inflation and home prices, with growing concerns about job security and financial stability.
2 min read
Economics
Yellen Anticipates Chinese Retaliation to New U.S. Tariffs on Key Sectors
Janet Yellen predicts China might retaliate against new U.S. tariffs aimed at strategic sectors, highlighting tensions in U.S.-China economic relations.
1 min read
Economics
The Hidden Unemployment Crisis in America
Up to 7 million Americans may be unaccounted for in official unemployment figures, suggesting a much higher rate than reported.
2 min read
Economics
California Tops U.S. in Job Losses
California leads U.S. job losses, with significant cuts in the tech sector driving up unemployment and worsening a severe budget deficit.
1 min read
Economics
Turning Swords Into Inflation: Let’s Not Forget Where That $95 Billion for Ukraine Comes From
Printing money out of thin air.
2 min read
Economics
OPEC to Report on OPEC+ Demand, Signaling Stronger Alliance Influence
OPEC updates its oil market reports to include OPEC+ forecasts, emphasizing the alliance's increased global influence.
2 min read
Economics
Historic Drop in Consumer Sentiment Signals Looming Unemployment Crisis
Recent data reveals a steep drop in consumer confidence, driven by growing unemployment fears and signaling economic instability.
3 min read
Economics
Ford Pulls Back on EV Investments as Battery Order Cuts Deepen
Ford slashes EV battery orders as broader industry deceleration impacts its financial stability.
1 min read
Economics
Biden Administration to Double Tariffs on Chinese Electric Vehicle Imports
The Biden administration plans to raise tariffs on Chinese electric vehicle imports from 25% to 100%.
3 min read
Economics
Janet Yellen Calls for Increased Oversight of Nonbank Mortgage Industry
U.S. Treasury Secretary Janet Yellen calls for expanded regulatory oversight of the nonbank mortgage sector during a Financial Stability Oversight Council meeting.
1 min read
Economics
Utility Bills Soar as California Imposes Hefty Fixed Charges
The California Public Utility Commission has approved an increase in fixed utility charges to $24.15 for most customers starting in 2025.
2 min read
Economics
U.S. Unemployment Claims Hit Eight-Month High
U.S. unemployment claims have spiked to an eight-month peak, signaling brewing troubles in the labor market.
2 min read
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