Americans Spent Faster Than Their Incomes—Why the Next Inflation Report Matters
ECONOMY · HOUSEHOLD FINANCES Americans opened their wallets in August even as income growth slowed. The Bureau of Economic Analysis…
Category
Economy & Trade
America’s Trade Deficit Widened as Imports Hit a Record—What It Means for Prices and Manufacturing
ECONOMY · TRADE America’s goods-and-services trade deficit widened sharply in August as imports rose faster than exports. The monthly gap…
Spending Jumped 0.9%—Income Rose Just 0.2%
ECONOMY, HOUSEHOLDS & MARKETS American consumers accelerated sharply in August. Personal consumption expenditures rose 0.9% from July, while personal income…
The $15 Billion Iowa Steel Plan Has a 2030 Reality Check
MANUFACTURING, JOBS & NATIONAL SECURITY A planned $15 billion integrated steel complex in eastern Iowa is being presented as one…
The $30 Billion U.S.-China Tariff List Is Not a Tariff Cut—Yet
TRADE, HOUSEHOLD ECONOMY & MARKETS The United States and China have approved two comparably valued lists of non-sensitive products—roughly $30…
Trump-Xi Summit Buys 61 Days: What the January 10 Trade Deadline Means
POLITICS, TRADE & MARKETS President Donald Trump and Chinese President Xi Jinping left their Washington summit with the U.S.-China tariff…