The U.S. economy grew at an annualized rate of 2.3% in the fourth quarter of 2024, down from 3.1% in the previous quarter. That might not seem dramatic, but it’s a clear sign that momentum is fading. Consumer spending is softening, business investment is slowing, and with new tariffs in play, costs could rise even […]
Macy’s is closing 150 stores as part of its “Bold New Chapter” plan, but the real story here isn’t corporate strategy—it’s economic reality. When major retailers shut their doors, it’s often a sign that consumer spending is in trouble. High inflation, rising interest rates, and economic uncertainty are making people think twice about discretionary spending. […]
Inflation isn’t just about supply chains or wage growth—it’s about profit. New reports suggest that corporate greed is playing a major role in keeping prices high. When companies see an opportunity to raise prices under the cover of economic uncertainty, they take it. Big businesses are reporting record profits even as consumers struggle. That’s because […]
The U.S. job market looks strong—wages are up, hiring is steady, and unemployment is low. But dig a little deeper, and the whole thing starts to look a lot like the late ‘90s dot-com bubble. Back then, overconfidence in tech and easy money fueled a hiring spree, only for it all to come crashing down […]
Trump’s latest tariffs on Canada, Mexico, and China are meant to protect American industry, but they’re already spooking investors and raising prices. Treasury Secretary Scott Bessent insists economic security is more important than access to cheap goods, but tell that to Americans struggling with inflation. When tariffs hit, companies don’t just absorb the costs—they pass […]
The odds of a U.S. recession in 2025 are climbing, and it’s not just economists sounding the alarm. Betting markets now put the chance of a downturn at 32%, up from 23% last month. The stock market is flashing warning signs too, with the Russell 2000 index dropping 16%—historically a key predictor of economic slowdowns. […]