As employers seek greater efficiency through automation, artificial intelligence, restructuring, and outsourcing, consumers and businesses alike are pulling back spending.
Tag: U.S. Economy
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SPOTLIGHT: THE WORLD OIL MARKET IN FLUX
The Iran War is far from settled. Mideast oil and gas production facilities and shipping terminals have been damaged and not yet repaired.
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“MASSIVE EXODUS” AS PEOPLE LEAVE THE U.S. LABOR FORCE
The U.S. labor force participation rate – the share of people ages 15 through 64 working or actively seeking a job – declined to 61.5 percent in June, its smallest since 1976 aside from the COVID era, according to the Bureau of Labor Statistics (BLS).
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U.S JOB CREATION FALLS TO 57,000 IN JUNE
The U.S. economy created 57,000 nonfarm jobs in June, according to the labor department’s flash estimate, barely half of the 110,000 expected by economists in a Reuters survey.
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ECONOMIC UPDATE
We maintain our trend forecast for a Dot.com Bust 2.0 which will result in a massive crash in the heavily overvalued equity markets.
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DEMOCRATS PROBE INVESTMENTS LINKED TO TRUMP FAMILY
Democrats in the U.S. Senate are looking into investments related to the Trump family that would seem to profit from Donald Trump’s policy decisions.
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GOING OUT OF BUSINESS TRENDS
The economic fallout from years of inflation, high borrowing costs, shifting consumer behavior, and mounting operational expenses continues to claim business across a wide range of industries.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The wave of job cuts continues to spread across industries, underscoring the growing economic uncertainty facing businesses worldwide.
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CONSUMER SENTIMENT CREEPS HIGHER IN JUNE
Americans’ feelings about the U.S. economy brightened slightly in late June, according to the University of Michigan’s twice-monthly survey of consumer sentiment.
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U.S. INFLATION HIGHEST IN THREE YEARS
The Personal Consumption Expenditures Price Index (PCE), the U.S. Federal Reserve’s preferred measure of inflation, rose 0.3 percent in May from April, registering a yearly increase of 4.1 percent, its highest since October 2023.