Economic Indicators

Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at a "turning point" as businesses face elevated uncertainty.

Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising inflation complicate the Federal Reserve's policy moves.

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.

The Bureau of Labor Statistics' jobs report revisions are standard practice to improve data accuracy as more businesses respond to surveys, contrary to President Donald Trump's claims of rigged numbers.

Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.

Trump criticizes July jobs report showing only 74,000 jobs added and announces plan to fire Bureau of Labor Statistics commissioner Erika McEntarfar.

Major banks including Citi, JPMorgan Chase and UBS expand premium services and credit cards to attract wealthy clients with specialized offerings.

The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its interest rate decision amid concerns over tariffs and inflation.

Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.

The average rate on the 30-year fixed mortgage fell this week to 6.74%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.75%.

Trump says he could decrease drug prices by up to 1,000%, suggesting that he might use trade leverage to compel action.

The construction industry needs to attract 439,000 new workers in 2025 and 499,000 in 2026 as Mike Rowe warns of implications from the skilled labor shortage.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

The average rate on the 30-year fixed mortgage rose this week to 6.72%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.67%.

The number of U.S.-born workers increased by more than 800,000 from May to June, and is also over 2 million higher than when the second Trump administration began in January.

The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.