Yields on government and corporate bonds leveled off in January as fixed income markets awaited the proposed policies and agenda of newly installed Treasury Secretary Scott Bessent. Reducing federal debt and curtailing government ...
Equity indices started the year off with cautious optimism regarding the returning administration’s fiscal agenda, as proposed tariffs and inflationary pressures weighed on equities. The Dow Jones Industrial Index and the S&P 500 ...
Consumer spending remains a critical component of U.S. economic growth, accounting for approximately 70% of the nation’s Growth Domestic Product (GDP). Demographics play a crucial role in spending habits and where consumer funds ...
The recent wildfires in California and the destructive 2024 hurricane season in Florida and the east coast have levied tremendous losses on insurance companies that cover properties across the country. Additional factors including ...
Sentiment among U.S. consumers fell in January for the first time in six months as concerns surrounding unemployment and proposed tariffs kept hindering consumers. Data from the University of Michigan’s Sentient Index also ...
U.S. consumer debt outstanding unexpectedly surged by the most on record in December 2024, reflecting massive increases in credit-card balances and non-revolving credit. Total credit jumped $40.8 billion after a revised $5.4 billion ...
Bird flu and bad weather have contributed to the already elevated prices of food across the country. The cost of groceries in the U.S. increased 1.8% in 2024, the fastest pace in over ...
Proposed tariffs on imports from Canada, Mexico and China have stirred controversy as inflationary threats mount. Offering some reprieve, a 30 day hold on any new or additional tariffs was agreed upon with ...
Proposed tariffs by the administration led to elevated volatility and concern in the domestic and international markets. Markets globally are anxiously awaiting the implementation of new tariffs and what industries would be adversely ...
The unemployment rate has returned to where it was just before the pandemic, yet employment data is revealing something else affecting job seekers. The problem that has evolved is that 40% of the ...