A recent poll shows more people trust Trump over Harris on economic issues. Ed Siddell, CEO of Egis Financial, will discuss key drivers of GDP growth, how consumer spending and savings might influence the election, and potential Fed actions on interest rates post-election.
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
The economy grew by 206,000 jobs in June, but unemployment was above 4% in the same month, according to the Labor Department said on Friday.
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.
GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.