Tag #Us Economy

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cbsnews.com
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High US Credit Card Debt Persists Despite Q1 2025 Dip

US credit card debt totaled \$1.18 trillion in Q1 2025, down slightly from late 2024 but up 6% year-over-year; high interest rates (over 21% average) and compounding hinder repayment, necessitating proactive debt management strategies.

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48% Bias Score

Reduced Inequality
forbes.com
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Small Business Optimism Rises Despite Tax Worries and Tariff Uncertainty

The NFIB's Small Business Optimism Index rose to 98.8 in May 2025, its first increase since December, driven by improved sales expectations and a stock market rebound despite ongoing uncertainty surrounding President Trump's tariff policies; however, taxes are now the leading concern for small-busin...

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40% Bias Score

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theglobeandmail.com
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Mixed Outlook for Canadian and US Stocks Amidst Trade Uncertainty

RBC Capital Markets analyst Darko Mihelic forecasts elevated impaired provisions for credit losses (PCLs) for Canadian banks in 2026, expecting a return to normalized levels by 2027, while Bank of Montreal's Brian Belski anticipates a strong rally in Canadian trade-oriented stocks, and Morgan Stanle...

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32% Bias Score

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dailymail.co.uk
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Trump-Musk Feud Exposes Unsustainable US Debt Trajectory

The sudden public falling out between Donald Trump and Elon Musk, sparked by Musk's criticism of Trump's "big, beautiful bill", exposes the unsustainable trajectory of US national debt, projected to surpass 135% of GDP within the next decade, posing significant global economic risks.

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48% Bias Score

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abcnews.go.com
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May Jobs Report to Reveal Impact of Tariff Uncertainty on U.S. Economy

A U.S. jobs report, to be released Friday, will detail May hiring amid ongoing trade uncertainty; economists predict 125,000 jobs added, a slowdown from April but above the 12-month average, as a trade deal with China eased some tariffs.

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40% Bias Score

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foxnews.com
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Trump Tax Cuts, Tariffs Face Uncertainty Amidst Deficit Concerns

President Trump's proposed tax cuts, costing \$4 trillion, may be partially offset by tariffs projected to reduce the deficit by \$2.8 trillion over ten years (CBO), but this depends on consistent tariff policy, which is uncertain due to inconsistencies and legal challenges; the CBO also predicts ne...

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52% Bias Score

Reduced Inequality
cbsnews.com
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Declining First-Time Homeownership in the US

The percentage of first-time homebuyers in the US has fallen to 24% in 2023 from 50% in 2010, with the average buyer's age rising to 38 due to high home prices, low inventory, high mortgage rates, and increased financial burdens.

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24% Bias Score

Reduced Inequality
us.cnn.com
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Improved US Consumer Sentiment in May 2024 Amidst Easing Trade Tensions

A May 2024 survey revealed improved US consumer sentiment due to easing US-China trade tensions; year-ahead inflation expectations fell to 3.2%, unemployment expectations dropped to 40.8%, and job security improved to 14.8%, although food price expectations remain high at 5.5%.

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40% Bias Score

Reduced Inequality
forbes.com
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Reduced Recession Probability Despite Labor Market Softness

Recent economic data, including easing credit spreads, improved financial conditions, and outperformance of cyclical stocks, suggest a reduced likelihood of a 2025 US recession, although labor market softness and potential trade tensions remain concerns.

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32% Bias Score

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elpais.com
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Ortega Expands US Real Estate Holdings with $165 Million Florida Purchase

Amancio Ortega's Pontegadea group purchased the 46-story Veneto Las Olas luxury residential building in Fort Lauderdale, Florida, for $165 million, adding to its US real estate portfolio that includes recent purchases in New York and Chicago.

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36% Bias Score

Sustainable Cities and Communities
news.sky.com
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US Job Growth Slows Amid Trade War Uncertainty

The US economy added 139,000 jobs in May, exceeding expectations but slowing from April, while unemployment remained at 4.2% and wages rose; this follows a first-quarter slowdown attributed to the Trump administration's trade war.

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44% Bias Score

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forbes.com
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U.S. Job Growth Slows Despite Strong May Report

The May 2025 U.S. jobs report showed 250,000 jobs added, exceeding expectations, but revisions revealed an 81,000 job deficit over the past three months; wage growth outpaces inflation, but concerns remain about tariffs, interest rates, and immigration.

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40% Bias Score

Decent Work and Economic Growth

Showing 481 to 492 of 1,930 results