Jerome Powell finally said out loud what the revisions have been quietly showing for months. During his March 18 press conference, Powell said that “effectively...
The latest GDP numbers show that the U.S. economy slowed far more than expected as we closed out 2025. According to the revised data, Q4 GDP expanded at just a 0.7%...
Canada’s economy contracting by 0.6% in the fourth quarter should not be dismissed as a minor statistical fluctuation. Statistics Canada confirmed that GDP shrank...
PrimaLend Capital Partners filed Chapter 11 bankruptcy protection, beckoning the start of America’s personal loan crisis. The subprime auto lender catered to...
The Federal Open Market Committee voted to lower rates by 25 bps at the September meeting, citing “that downside risks to employment have risen.” I reported in...
The number of unemployed Americans now outnumbers available job openings. Data from July show 7.24 million unemployed Americans compared to 7.18 million job...
The U.S. economy did post a headline-grabbing 3.3% gain in Q2, but that figure is misleading. It’s driven largely by the collapse in imports—not by true...
The Federal Reserve Bank of New York released a troubling quarterly statement as the total household debt in the US increased by $185 billion in the past three...
The consumer price index (CPI) remained relatively steady at 2.7% in July on an annual basis, according to the Bureau of Labor Statistics’ monthly report, beating...
The Commerce Department’s Bureau of Economic Analysis (BEA) released its first estimate for US GDP in Q1, a 0.3% decline annually. The decline was mainly due...
