News
Change in Data Sources Led to Lower Inflation Reading
2+ hour, 36+ min ago (91+ words) Change in Data Sources Led to Lower Inflation Reading Posted by retort at 01:17 PM | 3 COMMENTS | permalink | Comment on This Entry | "If you torture the data long enough, it will confess to anything." #1 | Posted by Dbt2 at 2026-03-14 01:24 PM | Reply PEDO DONNIE and…...
Fourth Quarter GDP Just 0.7% Growth, Jan. Core Inflation Was 3.1%
20+ hour, 20+ min ago (387+ words) Fourth Quarter GDP Just 0.7% Growth, Jan. Core Inflation Was 3.1% Economic growth was much slower than expected in the final three months of 2025 while core inflation rose to start 2026, the Commerce Department reported Friday. Posted by qcp at 07:33 PM | 9 COMMENTS | permalink…...
China Sets Lowest Economic Growth Target Since 1991
1+ week, 1+ day ago (117+ words) China Sets Lowest Economic Growth Target Since 1991 China has cut its annual economic growth target to a range of 4.5%-5%, the lowest expansion goal since 1991 as it grapples with challenges both at home and abroad. Posted by REDIAL at 06:32 PM | 1 COMMENT…...
Economy Core Wholesale Prices Rose 0.8% in January, Much More Than Expected
1+ week, 6+ day ago (149+ words) Economy Core Wholesale Prices Rose 0.8% in January, Much More Than Expected Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday. Posted by Nixon at 09:30 AM | 4 COMMENTS | permalink…...
'The Damage Cannot Be Refunded,' Small Businesses Chime in
3+ week, 4+ hour ago (373+ words) 'The Damage Cannot Be Refunded,' Small Businesses Chime in The Supreme Court's decision to strike down many of President Donald Trump's tariffs came as a relief to many small-business owners struggling under the weight of higher prices. But uncertainty still…...
U.S. Economy Slowed Sharply in 2025 Compared to Biden's 2024
3+ week, 7+ hour ago (245+ words) U.S. Economy Slowed Sharply in 2025 Compared to Biden's 2024 New GDP figures reflect subdued growth in 2025 from new trade policies and a weeks-long government shutdown. Posted by AMERICANUNITY at 08:33 AM | 6 COMMENTS | permalink | Comment on This Entry | The U.S. economy cooled sharply at the…...
Trump's Tariffs Exert Heavy Burden on Midsize US Companies
3+ week, 1+ day ago (95+ words) Trump's Tariffs Exert Heavy Burden on Midsize US Companies Donald Trump's tariffs are sharply escalating costs for midsize US companies, sparking fresh concern about the president's flagship policies as he embarks on a campaign to revive Americans' dim view of…...
Trade Deficit Up from Biden's Despite Trump Tariffs
3+ week, 1+ day ago (280+ words) Trade Deficit Up from Biden's Despite Trump Tariffs The gap between the value of goods imported into the US and American products sold to other countries widened by 2.1% compared to 2024 despite Trump's tariffs, hitting roughly $1.2 trillion (890m), official figures show. Posted…...
The Break Is Over. Companies Are Jacking Up Prices Again
3+ week, 2+ day ago (755+ words) The Break Is Over. Companies Are Jacking Up Prices Again After holding the line on prices for several months, companies -- big and small -- have begun a new round of increases, in some cases by high-single-digit percentage points. Posted by lamplighter…...
European Central Bank's Christine Lagarde Planning Early Exit -- Report
3+ week, 2+ day ago (275+ words) European Central Bank's Christine Lagarde Planning Early Exit -- Report Christine Lagarde, the head of Europe's most important financial institution, plans to leave her job before her eight-year term ends in October 2027, the Financial Times reported. Posted by LampLighter at 12:32 PM…...