President Trump’s move to defuse an ugly trade war with China not only sparked a massive stock-market rally, but also drove down the chances of recession — for now. Source link Jeffry Bartash
Trump recession is off the table — but trouble not over for U.S. economy Read More »
Wholesale prices posted the biggest drop in April since the pandemic in 2020, but economists say the decline in inflation appeared to be a one-off that might not be sustained if tariffs persist at current levels. Source link Jeffry Bartash
After rushing to buy new cars and other imported goods in March before tariffs took effect and raised prices, Americans reduced their spending at retail stores in April in a sign of caution about how the trade wars would play
The private sector is still culling very few jobs, the latest report on jobless claims shows, but more federal workers fired by the Trump administration are applying for benefits. Source link Jeffry Bartash
The cost of imports rose faster than usual in February, perhaps a result of U.S. companies rushing to bring in foreign goods ahead of President Donald Trump’s tariffs. Source link Jeffry Bartash
The cost of U.S. imports jump in February. Is it the Trump tariff effect? Read More »
A burst of optimism after Donald Trump won the presidential election has evaporated. Americans worry about rising inflation due to the president’s tariffs, a new survey shows, and they are put off by all the uncertainty in Washington. Source link
Wholesale prices were unchanged in February, offering more evidence that inflation pressures eased somewhat early in the new year. Source link Jeffry Bartash
Wholesale inflation flattens out in February in another sign of easing inflation Read More »
Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work. Source link Jeffry Bartash
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t. Source link
DOGE job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling? Read More »
Published: March 6, 2025 at 8:44 a.m. ET The first trickle of federal workers losing their jobs showed up last week in U.S. applications for unemployment benefits, but many more filings are likely in the next few months as the full
