AI Is Powering Trump’s Economy
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The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.
While spending soared to almost $12 billion, per one estimate, the data shows a more complicated economic picture.
Business conditions in mid-America moved “below growth neutral” in November, according to the Creighton University Mid-America Conditions Index, which measures economic activity in a nine-state region from Minnesota
U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said on Wednesday,
Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level. The strategy, also known as yield-curve control, is ...
Donald Trump has hit dozens of US trading partners with new tariffs while formalising recent trade deals with others, including the UK and EU. Analysts at Yale Budget Lab estimate that, overall, the US effective tariff rate is now at its highest level since the 1930s.
15hon MSNOpinion
Jay Winthrop: The bear case for the US economy
The managing partner of $6.3 billion Douglass Winthrop Advisors thinks higher inflation and tariff uncertainty could trip up the economy, but he’s still bullish on stocks like Microsoft, Berkshire, and Deere.
The story of manufacturing in this country is often told through steel, energy or technology. However, one industry that rarely features in that story underpins all of them.
The total trade deficit dropped from the $59.3 billion revised total in August “to $52.8 billion in September, as exports increased more than imports,” according to the report from the Bureau of Economic Analysis.