Iran, Trump and US Economy
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Small businesses say relentless pressures from tariffs and higher energy prices have sapped their resilience and finances
U.S. employers added 172,000 jobs in May, and data from previous months was revised upward, the Labor Department said June 5, additional confirmation of an economy analysts say is on surprisingly firm footing.
The U.S. housing market is expected to deteriorate further in 2026, with no rebound in sight. Rising competition from new home builders, aggressive incentives, and historically high price-to-income ratios are pressuring existing home sellers.
The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data from the Bureau of Labor Statistics showed Friday.
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
While the headline number came in strong, there are other issues when looking under the hood. Average hourly earnings disappointed, and artificial intelligence still appears to be dislocating jobs in information services. Still, it's good to see strong job ...
US economic growth is picking up again after a slowdown towards the end of 2025. According to price data released on May 28, US GDP grew by 1.6% year-on-year in the first quarter
A recent WalletHub study ranked all US states and Washington, DC, based on economic activity, economic health, and innovation potential.
South Carolina ranks 18th among nation’s economies, according to new report, as rising inflation adds fresh strain on U.S. households and businesses.
Unhealthy economic imbalances have come to characterize the US economy not as single spies but in battalions. The country’s public finances are on an unsustainable path; reckless private sector and commercial real estate loans have piled up; the stock ...
Weight loss drugs like GLP-1s are changing consumer spending habits, affecting sectors from dining to retail and travel across the economy.
By Lucia Mutikani WASHINGTON, June 17 (Reuters) - U.S. retail sales increased more than expected in May, with households boosting purchases of motor vehicles even as they paid more for gasoline, but a slowdown is likely as the cushion from larger tax refunds against higher prices diminishes.
