Two closely tracked gauges of consumer confidence slid in February, pushed down by concerns about import duties enacted by the Trump administration.
The perceived likelihood of a U.S. recession in the next 12 months also increased, according to the Consumer Confidence Survey.
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
Inflation slowed down slightly in January compared to December of 2024. But overall, Americans aren’t feeling so hot about ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Interest rate futures moved sharply in response, raising the expectations of a Fed rate cut although the first is still not expected until June. The market path of US interest rates is now in line ...
Total U.S. employment sits around 160 million, but there are some 9 million federal employees and contractors potentially worrying about their jobs, according to Torsten Slok, chief economist at ...
There’s trouble brewing in the U.S. economy that is important for Canadians to appreciate. Not just to revel in the ills of ...
Finland's gross domestic product (GDP) contracted by 0.2 percent last year compared to 2023, Statistics Finland said on ...
The economy is a topic that's still on everyone's mind as we head into March. A new report shows consumer confidence dropped ...
Once again, my expectation for March West Texas Intermediate oil prices are the same as they were for January and February.