Consumer Spending Cautious as Inflation Remains Stubborn
Despite relatively strong income growth, American consumers are still reluctant to spend as they wait to see the full impact of cuts to federal programs, tariffs, and long-lingering inflation. Consumer spending increased 0.4% in February, a rebound from January’s 0.2%...
Five things to watch in March’s Consumer Price Index report
The outlook for future inflation and economic growth is on everyone’s minds this week as President Trump announced sweeping tariffs on imports and the stock market plunged in response. Economists are parsing March data to get a picture of where the American economy...
Rising Costs and Chilled Growth on the Docket for U.S. Economy
A slowdown in the economy involving increased unemployment and prices is a likely outcome after ‘Liberation Day’ tariffs levied by Trump according to Powell.
Tariff turmoil continues ahead of next trade deficit report. Here’s what we know
Following a surge in the trade deficit reflecting unstable trade policies, economic experts predict a slight cooldown in the import rush that defined the start of the year. As the administration enters its fourth month in office, the data might not immediately...
Deportations and Immigration Restrictions Could Upend National Economies in Sub-Saharan Africa
When Malick completed his first day of work in the U.S. demolishing a house, he immediately took all the cash he had been paid and sent it to his mother, father, children, and other family members in rural Mauritania and in Senegal. Malick, 39, was part of a group of...
Obscured by talks of tariffs, other trade policy changes have companies worried
Grace Welborn’s job as a lawyer is to make sure her clients comply with the complicated world of trade regulations. But in February, she learned of a major regulatory development pausing the processing of certain export license applications – not from a government...
Fairfield’s Local Affordable Housing Battle Reflects National Struggle
Drive down Black Rock Turnpike in Fairfield, Connecticut, and there is a wooded area, sitting in the midst of a neighborhood that is peaceful and quiet but somehow also isolated. The site nearly looked very different. A 96-unit, six-story building was proposed there...
Climate Change Won’t Kill the Slopes, Yet, Depending on Where You Are
The ski resort industry’s outlook varies in outlook based on the region as some parts of the country are better-suited climate wise for rising temperatures.
Inflation Slowed in February, But the Future of Inflation Isn’t as Rosy as the Numbers Suggest
NEW YORK — Inflation cooled slightly in February but the outlook for future inflation is still somewhat grim as President Trump’s tariff policies remain in flux. The Consumer Price Index, a key measure of inflation, rose 0.2% in the last month, down from 0.5% in...