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President Donald Trump's celebratory 100 Days rhetoric has hit the hard wall of economic reality. Economists say the turbulence rocking almost every sector of the U.S. economy is tied directly to ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN — The president doesn’t control the economy, right?
The OECD's forecast projects a slowdown in U.S. economic growth due to tariffs, with GDP growth at 1.5% in 2026 and inflation reaching 3.9% by the end of 2025. Costco's extended gas station hours ...
During his campaign last year, President Trump repeatedly attacked former President Joe Biden for his handling of the economy, vowing to boost economic growth and lower inflation. But 100 days ...
But the latest economic reports don’t match the doom and gloom: Inflation actually eased last month, and hiring was solid in April. For now, the disconnect has businesses and consumers ...
Economic uncertainty brought on by President Donald Trump's tariffs on U.S. trading partners is raising concerns that the economy could face stagflation if conditions persist. Stagflation is a ...
Every month, the federal government serves up a steady diet of economic reports on everything from the price of groceries to the unemployment rate. These reports are closely followed: They can ...
She regularly appears on CBS News 24/7 to discuss her reporting. Small business owners worry that mounting economic uncertainty, driven largely by President Trump's shifting tariff policies ...
But it’s Main Street’s turn to share in the prosperity. This is the guiding ethos of his bold economic agenda.
If they’re maintained, the tariff hikes announced April 2 represent a self-inflicted economic catastrophe for the United States. As of now, we’ve reduced our real gross domestic product growth ...