U.S. trade deficit in goods narrows for third straight month in June
admin The numbers: The U.S. trade deficit in goods narrowed 5.6% to $98.2 billion in June,…
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U.S. durable-goods orders surge in June, but all the strength is in cars and military planes
The numbers: Orders at U.S. factories for long-lasting goods jumped 1.9% in June largely because…
Read MoreEurozone economy will tip into recession this year, Goldman forecasts, as JPMorgan also makes recession call
Goldman Sachs is now forecasting a eurozone recession this year, not just on concerns about…
Read MoreWhite House pushes back on recession talk before Thursday’s GDP report
The Biden White House on Tuesday played defense before Thursday’s much-anticipated reading on U.S. gross…
Read MoreHere’s the threat to markets if investors ignore ‘nontrivial’ stagflation risk
Financial market participants completely missed the non-transitory nature of inflation over the past year, failing…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
Read MoreU.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
Read MoreU.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in…
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Opinion: Everything you need to know about the economic recession that we are definitely not in right now
It’s getting wild. We’re already hearing a lot of loose talk about the economy this…
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