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.

Trade war uncertainty and growing trade deficit leaves U.S. companies vulnerable

NEW YORK – President Donald Trump’s tit-for-tat economic policies have forced businesses to brace for an all-out trade war, and pushed the trade deficit to levels unseen before. The latest numbers from the Bureau of Economic Analysis show that the goods and services...

U.S. Home Prices Continue Growth in December, Regions Trend Diverge

NEW YORK — U.S. home prices continued to rise in December, but the national numbers obscured big differences beneath the surface. Nationwide, home prices grew 3.9% in December from a year earlier, up from a 3.7% annual gain in the previous month, according to the...

Falling Consumer Spending Reflects Wavering Confidence in Economy

NEW YORK — Amid mounting fears about confidence in the economy, new data on household spending presents a grim reality: consumer spending dipped in January, suggesting that uncertainty is translating into tighter purse strings. Households decreased spending by 0.2...

Retail Sales Report Shows Weaker Numbers Than Expected

The sharp decline comes amidst months of positive sales growth in retail after the holiday season.

Rising Prices in January Show Inflation Is Still a Concern

NEW YORK — Consumer prices rose faster than expected in January, due in part to quirks in the way the data is measured but also signaling that progress on reducing inflation has stalled. The Consumer Price Index, a key measure of inflation, rose 0.5% from December, up...

U.S. Trade Deficit Closes 2024 with Record High As Trade War Looms

NEW YORK — The U.S. trade deficit reached a historic high last year as importers and exporters braced for a possible trade war with its largest trading partners.  The 2024 trade deficit ended the year at over $918 billion, reflecting a 17% increase from 2023,...

Five Things to look for in the trade report

The upcoming trade report will reveal the health of the trade balance in March.    It will also tell if exports and imports continue to increase which will point toward the strength of the consumer economy.   Rising imports   Imports have seen a steady...

Case-Shiller: 5 Things To Watch For

The S&P CoreLogic Case-Shiller report, which measures home prices nationally, is set to be released on Tuesday. After a record-breaking year in 2023 - home prices rose 5.5% to close out last year -  economists are confident Tuesday’s report will continue to show...

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