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U.S. CFO outlook strong before war, Fed survey shows
US CFO outlook improved before war, Fed survey shows, with firms expecting revenue growth, hiring gains and price increases despite policy concerns.
U.S. import prices jump, fueling inflation concerns
US import prices rose 1.3% in February, the largest increase in four years, driven by energy and goods, adding to inflation concerns and Fed outlook.
Small businesses hit by tariffs and rising oil prices
Small businesses face rising costs from tariffs and surging oil prices, squeezing margins and adding uncertainty across supply chains and operations.
Used clothes sellers expect tariff boost
Stores selling secondhand clothes, shoes and accessories are poised to benefit from President Donald Trump's trade war even as businesses the world over race to avert potential damage, according to industry experts.
Average US rate on a 30-year mortgage climbs to 6.83%
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season.
US consumer sentiment plunges for fourth straight month
U.S. consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fueled anxiety over possible job losses and rising inflation.
Trump threatens more tariffs on China
Undeterred by a panicked stock market, President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war.
US job openings slipped to 7.6 million in February, consistent with a healthy but decelerating job market
Employers posted 7.6 million job openings in February, a sign that that the job market is slowing but remains healthy.
US consumers remained cautious about spending last month as inflation ticked higher
Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.
Shoppers wrap up the year in a spending mood
American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to clothing and eating out at restaurants, according to the latest government snapshot. […]
Canada ready to buy more American products to appease Trump’s tariff threat, ambassador says
PALM DESERT, Calif. (AP) — Canada’s ambassador to Washington said Monday that Canada is prepared to buy more from the United States, including its next fleet of submarines, to appease […]
Biden administration proposes new rules on exporting AI chips
At a glance The Biden administration is proposing a new framework for exporting advanced computer chips used in AI development. The framework aims to balance national security concerns with economic […]
