The U.S. economy rebounded with a 3% GDP growth in spring, following a contraction earlier in the year. However, experts warn of potential slowdowns as consumers face rising prices and trade uncertainties.
As the Fed prepares for a crucial meeting, President Trump faces disappointment as interest rates are likely to remain unchanged. With rising tariffs and inflation concerns, a debate brews among Fed governors about the need for a rate cut.
Despite initial fears of a recession, U.S. banks are experiencing a remarkable financial boom, with profits soaring and consumer spending remaining strong. Explore how market dynamics are shifting in favor of financial firms.
In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
In a bid to combat economic uncertainty, fast-casual restaurants are turning to loyalty programs to keep customers engaged. With brands like Chipotle and Starbucks leading the way, learn how rewards programs are transforming dining habits and driving sales.
The retail industry is relieved about the new 20% tariff on Vietnamese imports but fears it may still hurt consumer spending. Executives are concerned about the impact of price hikes on their businesses and customers.
Consumer confidence took a significant hit in June 2025, with sharp declines in both current assessments and future expectations. This downturn raises questions about economic stability and potential recession risks.
The Federal Reserve has decided to keep interest rates steady, citing inflation risks and the impact of trade wars. Discover how this affects your finances and what to expect in the coming months.
Fed Chair Jerome Powell announced that the central bank will maintain interest rates amid rising inflation concerns linked to tariffs. This decision could impact borrowing costs and consumer spending in the coming months.
US retail sales have dropped for the second month in a row, signaling consumer anxiety over tariffs and finances. Could this mark the end of the early-year spending spree? Find out more!
