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The US economy could be on the precipice of triggering a 'vicious feedback loop,' Nomura analysts say
The US unemployment rate has risen sharply while markets are jittery after stocks saw their worst losses since a massive August selloff. Read More
Trump warns US will land in a '1929-style depression' if Harris wins election
Former President Donald Trump said the U.S. would enter a "1929-styled depression" if Vice President Kamala Harris is elected to the Oval Office in November. Read More
US economy is slowing, but still has momentum, former official says
The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. Read More
America Must Free Itself from the Tyranny of the Penny
Few things symbolize our national dysfunction as much as this accursed coin, which we mint by the millions because it’s too worthless to spend. Read More
How the Biden-Harris Economy Left Most Americans Behind
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That’s bad news because the Biden-Harris economic record has left most Americans worse off than they were four years ago. The evidence is indisputable. President Biden claims that he inherited ... Read More
3 Elon Musk warnings on the United States economy
In an X post on August 30, Musk doubled down on the warning, accusing the government of being a “legend” in inflation due to overspending. Based on current spending habits, the billionaire stated, ... Read More
Harris Slams Trump's Economic Plans, Proposes Billionaire Tax at NH Rally
As the campaigns are in full swing, Trump, Harris, Walz and Vance are stumping today. Follow Newsweek's live for updates. Read More
Is the U.S. headed for a recession? Here's what the experts say.
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But recent weak economic ... a historical pattern, not a rule of nature." Since the Sahm Rule was triggered last week, she's underscored that point, writing on Wednesday in Bloomberg News that ... Read More
The Canary
Imagine a cake in the shape of a giant rectangle. It consists entirely of vanilla quick bread except for a single six-foot-thick layer of chocolate fudge in the middle. Your assignment is to burrow ... Read More
Something About the Economy Has Changed
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Until recently, the U.S. appeared to be headed for a soft landing—with inflation coming down while employment has remained high and growth has been steady. Events of the past few weeks, however ... Read More
Campaign News Yesterday: Harris and Trump Settle on Debate Rules
Their microphones will be muted when it’s not their turn to speak, after a tussle over the rules. At a town-hall event, Donald J. Trump questioned whether ABC News would be fair to him at the debate, ... Read More
Charting the Global Economy: US Retail Sales Chugging Along
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(Bloomberg) -- Brisk July retail sales along with fewer applications for unemployment benefits underscored a US economy with staying power as inflationary pressures gradually subside. Most Read ... Read More
Blow Us A Whistle
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