Business spending on equipment was mixed in October, likely because of uncertainty over the direction of fiscal and monetary policies, the Commerce Department reported on Wednesday. … READ MORE >
Blog
Initial jobless claims remain stable at 213,000
First-time jobless claims remained remarkably stable at 213,000 as continuing claims increased to 1.9 million for the week ending Nov. 23. … READ MORE >
Trump tariff losers index: Manufacturing, metals, petroleum and many more
The Trump Tariff Losers Index captured the supply chain stress during the pandemic era and is poised to turn upward should the threats of new tariffs become policy action. … READ MORE >
U.S. consumer confidence improves to highest level in more than a year
Consumer confidence edged up in November to its highest level in more than a year, driven by improved sentiment about both the current economic situation and future expectations. … READ MORE >
China’s economic challenge: Elevated external debt and its dirty float
A Chinese economy caught in a debt and deleveraging trap is likely to face the additional strain of a sharp increase in tariffs on goods sold into the U.S. … READ MORE >
Post-election outlook: A webinar from RSM US and U.S. Chamber of Commerce
Join RSM US Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the economic outlook for this new landscape and what middle market companies should anticipate. … READ MORE >
Capital flows into the U.S. to challenge global economy
The dollar is set to soar in the next year amid an expansionary fiscal policy and a new tariff regime, leading to more capital inflows to the United States. … READ MORE >
5 things to know in life sciences: Week of November 18, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. CAR-T therapy for lupus gains attention CAR-T cell therapy shows significant potential in treating lupus—as discussed at ACR 2024–with early trials indicating improved patient outcomes and reduced disease activity, reports BioSpace. Researchers are optimistic about expanding … … READ MORE >
Year ahead in Canada: Return to growth as rate cuts take hold
The Canadian economy is expected to grow at around two per cent in 2025 as unemployment falls and price stability is restored. … READ MORE >
As European economy deteriorates, ECB needs to be more aggressive
The European Central Bank is clearly going to need to get far more aggressive in its easing campaign as the continental economy slips back into pull of recession’s gravity. … READ MORE >