The U.S. economy contracted in the first quarter. The Commerce Department reported that gross domestic product (GDP) decreased slightly, at an estimated
The U.S. economy is beginning to slow. A confluence of factors, including weakening consumer sentiment amid the ongoing global trade war; inflation still for
The world is in the midst of a global trade war. This commenced with the Trump Administration implementing across-the-board 10% tariffs on 185 nations
A global trade war commenced in early April. The first salvo was sent by the Trump Administration when it implemented a universal tariff rate of 10% on goods
Inflation remains sticky. This was evident in the February personal income and spending report from the Labor Department. The Personal Consumption Expenditures
The Federal Reserve is taking a wait-and-see approach on the monetary policy front. After cutting the federal funds rate by a full percentage point last fall
The Federal Reserve received some positive news on the inflation front. After the February Consumer Price Index (CPI) came in cooler than expected, the Labor
The nation added 151,000 jobs in February. That figure was modestly below the consensus forecast of 160,000, but relatively in line with the 12-month average of
The Trump Administration’s tariff policies have been unsettling for Wall Street, with the stock market selling off on each announcement by the President. As we
What will happen to your business when it’s time for you to take a step back?
That can be a tough question that many business owners eventually have to face.
Yet
The U.S. economy is showing some signs of softness. True, the nation’s gross domestic product (GDP) did expand by an estimated 2.8% in 2024, but recent economic
Inflation remains sticky. This was evident in the latest round of price data that showed notable increases at both the producer (wholesale) and consumer levels
