Strong Labor Market Forces Goldman to Drop 2026 Fed Rate-Cut Expectations
Goldman Sachs now expects the Federal Reserve to keep interest rates unchanged through the rest of 2026, delaying its forecast for the next U.S. rate cut until 2027. The bank changed its outlook after stronger-than-expected U.S. jobs data suggested the economy and labor market remain too resilient for the Fed to ease policy soon. The […]
Financial Adulthood Feels Out of Reach for Gen Z and Millennials Facing High Prices and Low Wages
Many young Americans are struggling to reach financial independence as the cost of living rises faster than their wages, leaving them stuck between work, debt, rent, family support and uncertainty about the future. Young adults are entering adulthood in an economy that looks stable in some headline numbers but feels deeply unaffordable in daily life. […]
A Reversal in AI Investment Could Shake Economies and Trigger a Stock Market Selloff
Investors should stop asking whether the artificial intelligence boom will end and start asking what will happen when it slows. His main point is not that the AI rally is about to collapse immediately, but that every major technology investment boom eventually loses momentum. Because today’s AI spending has become so large, even a modest […]
New Law Revives SBA Support for Defense Startups After Months of Funding Uncertainty
President Donald Trump has signed legislation restoring federal funding for startup programs that are especially important to defense and aerospace companies in California and across the country. According to data, the bill revives Small Business Administration-backed programs whose funding had been delayed for more than six months after expiring in October during a congressional standoff. […]
Fed Faces Growth-and-Inflation Squeeze, but Powell Signals No Rush to Move
Federal Reserve Chair Jerome Powell said the U.S. central bank is in a position to wait and watch how the expanding Iran war affects inflation and the broader economy, signaling that policymakers do not yet see a need to change interest rates even as new risks emerge. Speaking at Harvard University on March 30, Powell […]
Gold Exports Record Drive Sharp Narrowing in U.S. Trade Deficit
The U.S. trade deficit narrowed sharply in January as exports surged to a record high and imports edged lower, a shift that—if sustained—could make trade a positive contributor to economic growth in the first quarter. The Commerce Department said the overall trade gap in goods and services fell 25.3% to $54.5 billion. Economists had expected […]
Fed Beige Book: Growth Holds Up But Shoppers Resist Price Increases
The Federal Reserve’s latest Beige Book offered a cautiously positive read on the U.S. economy, describing modest growth, stable employment, and continued—but potentially easing—price pressures across much of the country. Based on surveys and interviews gathered through late February, economic activity “rose a bit” in recent weeks, with 7 of the Fed’s 12 districts expanding […]
Middle-Class Squeeze: Most Americans Say a New Car and a First Home Are Out of Reach
A new Washington Post–ABC News–Ipsos survey finds that many Americans feel they can cover today’s basics but still can’t reach the milestones that define “getting ahead”—especially buying a home and purchasing a new car. The poll paints a picture of an economy where the stock market and consumer spending may look steady, yet households say […]
Trump’s First Year Back: Markets and Prices Up, Job Engine Slows
The Wall Street Journal’s year-one snapshot of President Trump’s second-term economy paints a picture of uneven performance: some headline indicators look stable or even strong, but several underlying pressures—especially jobs, housing, and trade—remain stubborn or have worsened. On the labor market, the biggest shift is slower job creation. The U.S. added 181,000 jobs in 2025, […]
White House Fires Back at NY Fed Research Arguing Americans Shoulder Most Tariff Costs
A political clash is brewing between the White House and central-bank researchers after Kevin Hassett publicly suggested punishment for the authors of a Federal Reserve Bank of New York analysis that challenges the administration’s tariff narrative. In a February 18 interview with CNBC, Hassett said the research was “an embarrassment,” called it “the worst paper” […]
