Posts in Economics

Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods

Trump’s Tariff Strategy Relies on Americans Choosing Quality Over Affordability

USTR Greer Slated to Defend Trump Tariffs to Congress Next Week

USTR Greer Set to Advocate for Trump Tariffs Before Congress Next Week

American Wealth Is at a Record High. Sentiment Is Low, and Falling.

American Wealth Reaches Record Levels, Yet Sentiment Remains Low and Continues to Decline.

Carney unveils signature housing plan he says will double pace of home building in Canada

Carney reveals his flagship housing initiative aimed at doubling Canada’s home construction rate.

Discount stores were thriving. How did they stumble?

Discount stores were once flourishing. What led to their decline?

China to inject $69 billion into four big banks to strengthen financial sector

China is set to allocate $69 billion to bolster the financial sector by supporting four major banks.

China’s industrial profits unexpectedly fall in ominous sign for economy

China’s industrial profits experience an unexpected decline, raising concerns for the economy.

First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey

According to a CNBC survey, first-quarter GDP growth is projected to be only 0.3%, as rising tariffs[…]

Goldman raises odds of US recession to 35%​

Goldman increases the probability of a US recession to 35%.