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Browsing: US economy
Dow fell nearly 250 points on Tuesday as Treasury yields surged and a U.S. court ruling over Trump-era tariffs added legal uncertainty to markets.
Rising job losses, weak payroll growth, and a drop in durable goods spending are amplifying fears that the U.S. economy is teetering on the edge of recession.
Gold surged to a record $3,534 as US tariffs, labor weakness, and geopolitical risks pushed investors to seek safe-haven assets amid growing economic concerns.
Inflation is rising while US job growth slows, with tariffs, labor shortages, and policy uncertainty driving fears of stagflation-lite.
The US added just 73,000 jobs in July, with prior months revised down by 258,000, signaling weakening hiring as Trump’s trade policies paralyze businesses.
U.S. Treasury yields rose after jobless claims fell below estimates, highlighting labor market strength while mixed PMI and housing data tempered gains.
US retail sales rose 0.6% in June as consumers prioritized essentials and autos despite inflation and tariffs, highlighting steady demand and economic resilience.
Policymakers at the June Fed meeting agree cuts are likely, yet remain split over how inflation from tariffs and softening data will shape future action.
U.S. jobless claims rose to 241,000, marking a 9-week high and signaling growing pressure on the labor market.
Over $3.6 trillion in market value has been erased since Trump returned to office, as confidence in U.S. economic leadership begins to falter.
