Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense

It was back in February, when we explained to Elon Musk why his strategy to shock the US government

Industry 2025-11-26 05:25

Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense

It was back in February, when we explained to Elon Musk why his strategy to shock the US government

Industry 2025-11-26 04:30

Consumer confidence hits lowest point since April as job worries grow

The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.

Industry 2025-11-25 23:08

Consumer confidence hits lowest point since April as job worries grow

The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.

Industry 2025-11-25 23:08

Core wholesale prices rose less than expected in September; retail sales gain

The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.

Industry 2025-11-25 22:00

Core wholesale prices rose less than expected in September; retail sales gain

The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.

Industry 2025-11-25 22:00

Private payroll losses accelerated in the past four weeks, ADP reports

Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.

Industry 2025-11-25 21:15

Private payroll losses accelerated in the past four weeks, ADP reports

Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.

Industry 2025-11-25 21:15

Bessent believes there won't be a recession in 2026 but says some sectors are challenged

Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump's policies.

Industry 2025-11-24 02:11

Fed won't get key inflation data before next rate decision as BLS cancels October CPI release

The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.

Industry 2025-11-22 00:25

Fed won't get key inflation data before next rate decision as BLS cancels October CPI release

The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.

Industry 2025-11-22 00:25

House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US

House lawmakers have asked fast-fashion retailer Shein to explain how childlike sex dolls were allow

Industry 2025-11-21 22:25

CapEx Spending On AI Is Masking Economic Weakness

The U.S. economys recent growth has a distinctive engine: large‑scale capital expenditures (capex) t

Industry 2025-11-21 21:45

Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level

Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.

Industry 2025-11-21 00:46

Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level

Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.

Industry 2025-11-21 00:46

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

Nonfarm payrolls were expected to add 50,000 in September, according to the Dow Jones consensus estimate.

Industry 2025-11-20 21:31

Native-Born Workers Rise By 2 Million Under Trump To A New Record High, As Foreign-Born Plunge By 1.6 Million

One can debate how effective Trump has been in following up on his various campaign promises, but on

Industry 2025-11-20 20:25

Fed minutes show divide over October rate cut and cast doubt about December

While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.

Industry 2025-11-20 03:01

Fed minutes show divide over October rate cut and cast doubt about December

While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.

Industry 2025-11-20 03:01

BLS says full October jobs data won't be released, available figures to be included in next report

The Bureau of Labor Statistics said Wednesday it will not release a full U.S. jobs report for the month of October.

Industry 2025-11-20 01:39