US Manufacturing Output, Hiring Rise to Multi-Month Highs

U.S. manufacturing activity climbed in June, fueled by strong domestic demand and tariff-driven stockpiling, according to report from S&P Global.

EJ Antoni Decodes the Trump Economy and the ‘Big, Beautiful Bill’ Controversy

Five months into the Trump administration, Jan Jekielek sits down with Heritage Foundation chief economist EJ Antoni to get his insights into how the...
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US Home Down Payments Fall for First Time in 2 Years

The typical down payment made by U.S. homebuyers fell 1 percent year-over-year to $62,468 in April, the first annual decline in almost two years.

Federal Reserve Keeps Interest Rates Unchanged, Signals 2 Cuts This year

The Federal Reserve kept interest rates unchanged for the fourth straight meeting on June 18, a decision that financial markets widely expected.

Retail Sales Register Largest Drop in 4 Months as Consumers Pull Back

Retail sales fell sharply in May, driven by falling gasoline sales and economic uncertainty, the Dept of Commerce reported on June 17.

May Producer Prices Show Little Evidence of Tariff-Driven Inflation

PPI, a measure of prices paid by businesses for goods and services, rose less than expected in May, signaling tariff-related inflation effects haven't materialize.

US Economy Adds 139,000 New Jobs in May, Topping Market Forecasts

U.S. economy added 139,000 new jobs last month, surpassing economists’ expectations and indicating U.S. labor market remains in a robust position.

Trump Demands Lower Rates After Weak ADP Jobs Data—Will the Fed Budge?

President Donald Trump on June 4 repeated his demand for Federal Reserve chair Jerome Powell to cut interest rates.