In February, confidence in the present and future U.S. economy fell for the third consecutive month among small business owners responding to a survey by the National Federation of Independent Businesses (NFIB).
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INFLATION AND HIGH GOVERNMENT DEBT ARE LINKED, STUDY FINDS
When a government borrows to fund its programs, that puts pressure on consumer prices, according to research by Ernie Tedeschi, director of economics at Yale University’s Budget Lab and former chief economist for President Joe Biden’s White House Council of Economic Advisers.
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U.S. INFLATION SLOWS AS TARIFFS THREATEN TO REIGNITE IT
Inflation’s annual U.S. rate registered 2.8 percent in February, compared to 3 percent the month before, the Labor Department reported.
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U.S. BUDGET DEFICIT SURGES PAST $1 TRILLION TO SET YEAR-TO-DATE RECORD
In February, the U.S. budget deficit surpassed $1 trillion. February was only the fifth month of the federal government’s fiscal year, which begins 1 October.
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SPECIAL REPORT: THE U.S. CONSUMER IS TAPPED OUT AND WORN OUT
Rich and poor alike, U.S. consumers are spending less on both wants and needs, the Financial Times reported.
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MAJORITY OF AMERICANS SPEND HALF THEIR PAYCHECKS BEFORE CHECKS EVEN CLEAR, HIGHLIGHTING FINANCIAL PRESSURES IN THE U.S.
A newly released survey found that the cost of living in the U.S. is putting increased stress on working Americans—most of whom already mentally ‘spend’ at least half of their paycheck before it even clears in their checking accounts—with 43 percent of responders admitting to spending their paychecks within three days of getting them.
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AMERICANS ARE BURNING OUT YOUNGER BECAUSE OF STRESS LOAD
A newly released survey found that 25 percent of Americans say they have experienced burnout before reaching the age of 30 due to a confluence of factors like financial worries (30 percent) and politics (26 percent).
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KENNEDY CALLS FOR ARTIFICIAL DYES TO BE PULLED FROM PRODUCTS
Robert F. Kennedy Jr., the Health and Human Services secretary, appears to mean business when it comes to removing artificial dyes from the U.S. food supply.
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UNIVERSITY OF MINNESOTA FALLS INTO LINE DURING TRUMP’S HUNT FOR ANTISEMITISM
The University of Minnesota Board of Regents bowed to pressure from U.S. President Donald Trump—who is waging a personal crusade against “antisemitism” at colleges—and announced last week that its schools and institutions will no longer be able to issue statements on “matters of public concern or public interest.”
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JEWISH ALUMNI FROM COLUMBIA SIGN LETTER IN DEFENSE OF KHALIL
Jewish alumni of Columbia University came to the defense of Mahmoud Khalil, the Palestinian graduate, who faces possible deportation by the Trump administration for standing up against Israel’s genocide in Gaza during protests last year on the campus.