May 19 Stocks, bonds and the dollar drift after the latest downgrade to the U.S. credit rating By Stan Choe, Associated Press After recovering from an initial jolt, U.S. stocks drifted through quiet trading following the latest reminder that the U.S. government may be hurtling toward an unsustainable mountain of debt. Continue reading
May 18 Watch 5:54 Consumer confidence hits near-record low amid worries over Trump trade policy By Ali Rogin, Veronica Vela Treasury Secretary Bessent seemed to acknowledge Sunday that President Trump’s tariffs may lead to some prices going up, but downplayed fears that it would fuel inflation. This past week, a closely watched measure of consumer sentiment slid to a near-record… Continue watching
May 13 Watch 7:22 What trouble in the bond market means for your investments and the economy By Paul Solman, Diane Lincoln Estes The April inflation numbers show that prices did not jump significantly after President Trump imposed higher tariffs and then, in many cases, delayed them. But the longer term is still uncertain. The market response to the back-and-forth over trade has… Continue watching
May 13 Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt By Christopher Rugaber, Associated Press Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries. Continue reading
May 02 Watch 4:51 Jobs market defies expectations amid fears tariffs could soon spur economic downturn By Amna Nawaz, Ryan Connelly Holmes The U.S. labor market beat expectations last month, adding 177,000 jobs as the unemployment rate held steady at 4.2 percent. But the April jobs number was lower than the March tally and some economists are concerned that cracks in the… Continue watching
May 01 McDonald’s says store traffic fell unexpectedly as economic uncertainty weighed on diners By Dee-Ann Durbin, Associated Press McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners. Continue reading
Apr 30 Trump has reshaped these 3 major things in his first 100 days By Lisa Desjardins In these past 100 days, Trump worked feverishly to rewrite American policy on immigration, dismantle and restructure many government institutions and exert an amount of executive power that is unprecedented in recent times. Continue reading
Apr 30 WATCH: Trump delivers remarks on investments in America as economy slightly shrinks By Associated Press President Donald Trump delivered remarks on “Investing in America” Wednesday following the release of a worrisome economic report from the Department of Commerce saying the U.S. economy shrank at an annual rate of 0.3 percent during the first three months… Continue reading
Apr 24 Unemployment filings inch up as labor market remains strong despite downturn fears By Matt Ott, Associated Press U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn. Continue reading
Apr 24 Americans expect higher prices from Trump’s tariffs, new poll shows By Josh Boak, Amelia Thomson-Deveaux, Associated Press An Associated Press-NORC poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering. Continue reading