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U.S. economy

CONSUMER

Trump Tariffs Drive Up Consumer Prices as Inflation Pressure Grows

U.S. consumer prices are beginning to reflect the full impact of Donald Trump’s tariff policy, with rising costs now visible in daily goods ranging...
LATEST NEWS

Social Security trust fund projected to be depleted by 2034

The Social Security trust fund is now expected to run out in 2034, a year earlier than projected, potentially reducing future benefits by nearly 20%.
CONSUMER

Trump Inflation and Recession Response: Denies Powell Firing, Predicts Strong Economy

President Donald Trump on May 4 denied plans to fire Federal Reserve Chair Jerome Powell before his term ends and dismissed fears of a...
CONSUMER

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...
OPINION

A Quick Look at the Economic Implications of Today’s Reciprocal Tariff Announcement

The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.
BUSINESS

[BREAKING] Another 0.75 Percentage Point Rate Hikes by Fed

Federal Reserve decided its thrid consecutive rate hikes of 0.75%p lifting the benchmark of federal funds rate to a range between 3% and 3.25%,...

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