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Hotter-Than-Expected Inflation Report ‘Another Sign’ Economy ‘Getting Better’

On Tuesday’s CNN News Central broadcast, co-host Sarah Sidner said the news was more exciting than she expected. January CPI Inflation Report This means that both overall and core inflation showed an increase in monthly inflation from December’s monthly inflation rate, with annual overall inflation declining from 3.4% to 3.1% from December, but annual core […]

Immigration cuts could dent US economy at crucial time, experts say

Experts have warned that if lawmakers move forward with immigration cuts, it could hurt the U.S. economy. A bipartisan Senate agreement to tighten border security and reduce immigration has stalled over opposition from House Republicans who want even more restrictions. As Republicans push for more aggressive measures to stop thousands of migrants from crossing the […]

February Sees Surge of Democrats Saying They Like Biden’s Economy

Confidence in the economy is rising among Americans, but it’s growing much faster among Democrats. Despite low unemployment and continued strong economic growth, most surveys indicate that Americans are dissatisfied with the economy. Many people are probably still feeling the pain of high inflation. Inflation has fallen from a 40-year high hit a year and […]

Trump takes 11-point lead over Biden on economy: poll

Former President Trump has a big lead over President Biden Opinion poll published by the Financial Times This gives him an 11-point lead on the question of who will best handle the economy, which is often a key issue in presidential elections. In a poll released Sunday, about 42% of respondents said Trump is the […]

We’ll ‘See This Economy Turn Around’ by Summer

“This economy is going to turn around,” Rep. Brad Sherman (D-Calif.) said Friday on NewsNation’s “The Hill.” “The real economy will do very well this summer.” Sherman said, “This economy is going to turn around. It’s already started. The stock market is a predictive tool. It’s a leading indicator. And by the summer, people will […]

It’s time to move on from ‘low for long’ growth, EU economy minister tells Harvard

Central banks around the world are considering cutting interest rates following the fastest monetary tightening cycle in history in response to rising inflation. But with inflation now easing and the economy growing at a more robust pace, European Commissioner for the Economy Paolo Gentiloni said at Friday’s meeting that interest rates near zero and domestic […]

Chinese prices deflate amid wider pressures on the economy

Consumer prices in China are falling rapidly as the country’s economy struggles to recover from pandemic-era turmoil. China’s consumer price index (CPI) fell 0.8% year-on-year in January, the biggest decline since 2009. According to multiple media outlets, deflation in the retail industry has continued for four months, while deflation in the wholesale industry has continued […]

Auto loan delinquencies spiked last year in troubling sign for economy

Portfolio Wealth Advisors President and Chief Information Officer Lee Manson talked about the expected earnings releases of major banks, the Federal Reserve’s interest rate cuts, and gave his outlook for the market this year. More Americans are falling behind on their car payments, and this is an ominous sign for the country. us economy This […]