The U.S. trade deficit rose to $77.6 billion in May, up 42.2% from April, its largest deficit since March 2025, when businesses were bulking up imports to get ahead of broad-based tariffs on foreign ...
June’s lackluster jobs report from the Bureau of Labor Statistics highlighted the acceleration of a relatively recent trend with implications for both potential economic expansion and the pace of ...
A handful of data releases last week painted a broad-brush picture of a relatively resilient U.S. economy managing to muddle through a temporary energy price shock.
The Federal Reserve's policymaking Open Market Committee held its first meeting under new Chairman Kevin Warsh last week. While the immediate results of the meeting produced few surprises, the level ...
Despite rising inflation, ever-shifting tariffs and higher energy costs, U.S. retailers posted higher profits and expanded margins in the first quarter.
Retail spending moved higher for the third consecutive month in April, but the details behind the headline point to a consumer environment that is being supported by one-time cash flow injections and ...
The American job market pushed forward in April for a second consecutive month, according to the U.S. Bureau of Labor Statistics’ most recent jobs report. The gains followed last week’s report of ...
Economic growth bounced back in the first quarter of the year, after a record-long government shutdown in the prior quarter had weighed on overall growth.
U.S. industrial production fell by 0.5% in March, the first contraction in the metric since November of last year, according to a recent Federal Reserve report.
The military conflict involving the United States, Israel and Iran has delivered a fresh inflation shock to the U.S. economy, interrupting what had been a gradual cooling in consumer prices and ...
Retail sales rebounded in February after the wintry weather experienced in January receded, reinforcing the narrative that consumers entered 2026 on firmer footing than many had expected.
With the Strait of Hormuz effectively shut down for now, disrupting oil supplies and sending crude oil and other product prices soaring, the economy faces a risk of a slowdown in economic growth and ...
A softer-than-expected employment report for February confirmed a deteriorating job market. At the same time, the threat of rising oil prices as the military conflict in Iran drags on, combined with ...
The National Association for Business Economics’ Economic Policy Conference in Washington, D.C., last week brought together economists, policymakers and executives to discuss a range of topics, ...