Tariffs Foil ‘Made in USA’ Shift for Start-Up
Plufl, a start-up behind “dog beds for humans,” discovered the high cost of domestic manufacturing after U.S. tariffs on Chinese...
Economics
Private Hiring Falls for First Time Since 2023
The U.S. private sector employment decreased by 33,000 positions during June because businesses reduced their hiring activities due to economic...
Powell Reaffirms Wait-and-See Approach on Interest Rates
Federal Reserve Chair Jerome Powell indicated on Tuesday that the U.S. central bank will maintain its patient stance regarding interest...
Homebuyers Back Out as Cancellations Tick Higher
The housing market shows signs of strain because more American homebuyers choose to cancel their purchase deals. The National Association...
Supreme Court Upholds Universal Fee for Broadband Access
The U.S. Supreme Court supported the long-standing fee that finances phone and internet services for underserved areas through a 6–3...
Pending US Home Sales Beat Forecasts Despite Rate Worries
The U.S. housing market showed signs of stability when pending home sales exceeded market expectations during May despite ongoing affordability...
Fed Rule Change May Unlock $6 Trillion for Banks
The Federal Reserve plan to ease capital requirements for low-risk assets will generate trillions of dollars in balance sheet flexibility...
Fed Moves to Ease Leverage Rules for Big Banks
The Federal Reserve proposes modifications to capital rules for major banks to enhance their ability to provide liquidity support to...
JPMorgan Warns of Stagflation Risk From Tariffs
The U.S. economy faces a potential stagflationary slowdown this year according to JPMorgan analysts because tariffs will reduce growth while...
U.S. Tariffs Drive Up Packaging Costs for Food Producers
The U.S. steel and aluminum tariffs have increased packaging expenses for American food manufacturers so Pacific Coast Producers must consider...
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