Trump ends Biden-era fuel economy standards
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U.S. economy is still growing, ISM says, but ‘tariff uncertainty’ is depressing sales and hiring
The large services side of the economy grew in November for the sixth month in a row and inflationary pressures eased, but businesses were taking a cautious approach to hiring and investing due to lingering “tariff uncertainty.
The president’s approval rating fell to 42% while his disapproval rating rose. A greater share of respondents disapproved of Trump’s handling of the economy.
Wall Street is warning about a widening K-shaped economy, but Bank of America says the divide may be less destabilizing than feared.
The number of people who applied for unemployment benefits around the Thanksgiving holiday fell to a more than three-year low, reinforcing the view that businesses are mostly avoiding layoffs even as they freeze hiring.
The UCLA Anderson Forecast released Wednesday predicts the state and nation will muddle through a weak jobs market until the economy picks up next year.
British scientific journal Nature retracted a climate study due to data reliability issues, particularly problematic information from Uzbekistan that skewed results.
From electricity, property development and hospitals to billboards, driving schools and chicken farms, one vast conglomerate lies behind much of Abu Dhabi’s domestic corporate landscape: International Holding Company.
While spending soared to almost $12 billion, per one estimate, the data shows a more complicated economic picture.