August data not painting best economic picture
Early economic data for August is not painting the best picture of the economy.
U.S. economy
World shares are mixed as investors watch for further news on Trump’s tariffs
World shares were mixed on Monday as investors watched for further developments after a U.S. court ruled against President Donald Trump’s sweeping higher tariffs.
Wall Street closes out wild month
U.S. stocks are closing out another wild month in trading.
U.S. economy’s rebound in second quarter stronger than previously reported
The U.S. economy rebounded in the second quarter better than previously reported.
Wall Street holds steady as the market awaits Nvidia’s quarterly report
U.S. stocks were mixed in early trading Wednesday ahead of a highly anticipated earnings update from computer chip giant Nvidia that may provide insights into the current state and future of artificial intelligence.
Wall Street holds steady just below recent records
Stocks are holding near breakeven in morning trading on Wall Street Tuesday as indexes hover just below their recent all-time highs.
“De Minimis” exemption set to expire
Losing “De Minimis” could cause maximum problems for companies and online sellers like Amazon Haul, Etsy and Shopify.
Steel, aluminum tariffs take effect
President Trump’s 50% tariff on steel and aluminum imports has taken effect.
US national debt reaches a record $37 trillion, the Treasury Department reports
The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers.
Retail sales rise a solid 0.5% in July from June as shoppers appear to shrug off tariff pressures
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they appear to shrug off President Donald Trump’s tariffs, which are starting to take a toll on jobs and lead to some price increases.
