Consumers are saving more and spending less as Trump’s tariffs loom
Where consumers put those dollars was especially telling: They shelled out more for goods — likely reflecting the “pull forward” of buying products before tariffs hit, economists say — while pulling ...
Even good news about the economy is bad news now
The economy was in great shape (with some caveats), but the mood was disproportionately lousy. Today, the vibes and the ...
Wall Street tumbles, and S&P 500 drops 2% on worries about weaker economy, higher inflation
Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a ...
Icon, Charles River downgraded as Goldman Sachs reviews CRO space
Goldman Sachs downgraded contract research organizations Icon Public Limited (NASDAQ:ICLR) and Charles River Laboratories ...
Philadelphia bet its future on the ‘meds and eds’ now under attack by DOGE
Government investment in research, hospitals, and universities is what saved older cities after U.S. manufacturing imploded ...
Inflation Is Slightly Hotter Than Expected. This Is Even Before Tariffs.
The Fed’s preferred inflation gauge overall rose 2.5% in February, meeting expectations. Core inflation rose 0.4% month over ...
US consumer spending rebounds in February; core inflation firmer
U.S. consumer spending rebounded in February amid rising prices for goods and services, which could amplify fears that the ...
Core inflation rose to 2.8% in February in Fed’s preferred gauge
Inflation held at 2.5% for the year ending in February, the Bureau of Labor Statistics reported Friday in an update to the ...