Americans are reportedly spending money on frivolous or impulsive purchases to cope with anxiety from ongoing pressing issues like the economy or politics.
Far from being a disaster, the U.S. economy is currently the envy of the world. Unemployment is low, inflation is falling, real wages are up and productivity is high and rising,” Fox
Howard W. French is a columnist at Foreign Policy, a professor at the Columbia University Graduate School of Journalism, and a longtime foreign correspondent. His latest book is Born in Blackness: Africa, Africans and the Making of the Modern World, 1471 to the Second World War. X: @hofrench
Focusing on manufacturing, energy and tech, Scott Bessent, a potential top candidate for Trump's Treasury secretary, makes his pitch to help the 47th president enter an economic "golden age."
"The U.S economy is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that message get through to the electorate?” “There’s always a big lag between objective economic indicators and public opinion ...
Americans sent a pretty clear message that they wanted those in office to focus on making life more affordable,” Governor Maura Healey said. “I get that."
Tariffs were a significant measure during the first Trump administration. Trump imposed more than $300 billion in duties on Chinese goods. President Joe Biden largely re-upped Trump's policy in May — and added new tariffs on certain sectors on top.
A panel of economists hosted by the Greater Oklahoma City Chamber on Thursday praised the city's economy while warning about threats ahead.
The Republican sweep of the 2024 election sets the economy on course for potentially faster economic growth, higher inflation, and higher interest rates in the years to come, according to several economic forecasts.
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House.
U.S. voters’ decisive swing toward President-elect Donald Trump reflects dissatisfaction with recent inflation, as well as deeper fears about slipping financial security.