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Tag Archives: Politics
The Japan Tariffs
Financial FAQs “It has been clear for a while that Trump and co. don’t understand or believe in balance of payments accounting, that they want both a smaller trade deficit and more foreign investment in America. Now their basic lack … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Second Quarter Growth Estimates Decline
Popular Economics Weekly “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing starts release from the US … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, investing, Politics
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Consumers Aren’t Buying It
Popular Economics Weekly Photo: Emma Da Silva/Getty Images MarketWatch “Total U.S. consumer credit growth slowed to a $5.1 billion gain in May, down from a $16.9 billion rise in the prior month, the Federal Reserve said Tuesday. That translates to a … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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No Art of the Trade Deal
Financial FAQs “The point is that Trump doesn’t feel bound by trade deals America has made in the past. Why should anyone expect him to honor any new deals he makes, or claims to make, now? Huffington Post “Obviously this … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Trump’s Terrible Tax Bill
Popular Economics Weekly The Guardian President Trump and Republicans terrible tax bill signed on July 4 will impoverish more Americans, worsen our health, with fewer protections from natural disasters and foreign threats. The bill raises the debt ceiling by $3-4 … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, GDP growth, inflation, interest rates, news, Politics, Trump
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A Better Jobs Report?
Popular Economics Weekly “Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, news, Politics, Trump
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First Quarter Growth Revised Lower
Financial FAQs “Real gross domestic product (GDP) decreased at an annual rate of -0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth … Continue reading
Posted in Uncategorized
Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics
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Interest Rates Coming Down?
The Mortgage Corner “Existing-home sales rose in May, according to the National Association of REALTORS®. Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, Politics, Trump
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Tariffs Trump Consumer Spending
Financial FAQs “Advance estimates of U.S. retail and food services sales for May 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $715.4 billion, down 0.9 percent (±0.5 percent) from the previous month, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Donald Trump, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, Trump
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California Can’t Be Bullied
Popular Economics Weekly Governor Gavin Newsom today announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA). April, 2025 LATimes The Trump … Continue reading
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