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Trade crime is soaring, US firms say, as Trump’s tariffs incentivize fraud
As President Trump’s tariffs have ratcheted up in recent months, so have the mysterious solicitations some US companies have ...
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Consumers have been finding plenty of reasons to be pessimistic about the future economy
We all learned the word vibecession back in 2022, in the relatively strong Biden-era economy. Consumers were cranky because ...
US business spending on equipment softening as tariff uncertainty persists
The tariff-driven economic uncertainty and higher mortgage rates are weighing on demand for homes, resulting in a rise in ...
Americans’ optimism about the economy is at a near-record low
Americans’ feelings about the US economy remain in the doldrums: Consumer sentiment continued its freefall this month, settling in at a near-record low.
Homeowners spend on renovations and repairs despite the uncertain economy and higher prices
Spending on home renovations has remained resilient as elevated mortgage rates and skyrocketing home prices have frozen out ...
US consumer sentiment slumps, households brace for inflation surge
Single-family housing starts, which account for the bulk of homebuilding, dropped 2.1% to a seasonally adjusted annual rate ...
U.S. economy improves in May after slump last month, S&P PMI surveys show
U.S. business activity improved in May after a slump in the prior month, a pair of S&P surveys found. The flash U.S.
Momentum slows for Wall Street as US indexes fall
U.S. stock indexes fell on Tuesday as momentum slowed for Wall Street after it rallied from a deep hole nearly all the way ...