economic-data News
Trump's 'Tariff Dividend' Plan Sparks Inflation and Trade War Fears
Proposal to fund $2,000 checks with import duties faces skepticism from economists over its inflationary impact and fiscal viability.
China's Consumer Prices Edge Out of Deflation in October
CPI ticks up 0.2% year-over-year, offering a tentative sign of stabilization, though producer prices remain deeply negative.
Goldman Warns Shutdown Could Halve US Growth in Fourth Quarter
The bank forecasts a prolonged government shutdown could slash Q4 GDP growth by over a percentage point as political stalemate in Washington continues.
US Consumer Spending Flashes Warning as Shutdown Fears Mount
A new survey shows 45% of Americans are delaying major purchases, more than double the figure from early October, threatening Q4 economic growth.
US Consumer Sentiment Plunges to 17-Month Low Amid Shutdown Fears
University of Michigan's index falls to 50.3, signaling potential headwinds for consumer spending as near-term inflation expectations rise.
Global Food Prices Fall, Offering Hope for Inflation Moderation
A UN index tracking food commodities declined for a second consecutive month, a welcome sign for central banks battling persistent price pressures.
US Job Cut Announcements Nearly Triple, Flashing Warning for Economy
Planned layoffs hit the highest level for an October in over two decades, as companies cite cost-cutting and AI as key drivers for workforce reductions.
US Household Debt Hits Record $18.6 Trillion, Flashing Warning Signs
A surge in credit card balances and rising delinquency rates suggest mounting pressure on consumers, posing a headwind for future economic growth.