Why Was Russia’s Top Economist Replaced After Ukraine War Warning
Russia’s state news agency TASS confirmed Sunday that Klepach no longer holds the post, while offering no reason for his departure
Economy
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
AI Boom Sends San Francisco Housing Market Into Frenzy
Population growth has since resumed as major AI companies require employees to work in person for at least part of the week.
Americans Could Pay More For Strawberries As US Probes Mexican Imports
The Commerce Department is examining a trade complaint filed by Strawberry Growers for Fair Trade, a coalition of Florida producers
The Return Of Economic Gaslighting
On one hand, they could find some politically useful scapegoat for the public’s economic discomfort and run a campaign on addressing it.
US Trade Representative Warns Canada To Drop Retaliatory Measures
He said the United States views the removal of those measures as an important condition for avoiding additional tariffs.
Why Is Washington Demanding EU Deliver On Trade Commitments
U.S. Ambassador to the EU Andrew Puzder urged Brussels to honor commitments made during trade negotiations with President Donald Trump in 2025.
US Retail Sales Post Biggest Monthly Decline Since May 2025
Gas station sales dropped 0.9% as energy prices declined, but spending remained weak even after excluding fuel.
The American Engine Revs
Inflation is cooling, stocks are at record highs, and the economy is gaining strength.
U.S. Threats Against Iran Push Treasury Yields Higher
The 10-year Treasury yield rose 2 basis points to 4.661%, while the 2-year yield gained more than 1 basis point to 4.152%
Children's Shoe Prices Surge As Families Prepare For New School Year
As prices increase, more families are turning to secondhand retailers and thrift stores to find affordable alternatives.
US Mortgage Rates Dip To 6.67% After Five Weeks Of Increases
Investors have also lowered their expectations for a September rate hike following the latest consumer price data.
US 30-Year Bond Yield Set To Reach Highest Level Since 2001
However, investors remain reluctant to increase exposure to long-duration securities despite yields reaching multi-year highs.
Iran Pushes Deeper BRICS Ties Amid Sanctions And Economic Turmoil
Central Bank of Iran Governor Abdolnasser Hemmati said Thursday that Tehran expects to join the BRICS New Development Bank
US Consumer Prices Increase As Expected In July
The Consumer Price Index edged up 0.1% last month after dropping 0.4% in June, which was the first decline in six years, the Labor Department’s Bureau of Labor Statistics said on Wednesday