Economic News

US Container Imports Drop 7.8% in November Amid China Demand Slump

U.S. container imports fell 7.8% in November from the year earlier, due to soft demand for goods from China and one less day in the Thanksgiving holiday month, supply chain technology provider Descartes Systems Group said on Tuesday.

Pollster Allocco to Newsmax: 'Affordability Crisis' False Narrative

Polling expert Patrick Allocco told Newsmax claims of an "affordability crisis" under President Donald Trump are being exaggerated by selective polling and media coverage, arguing the economic picture in Trump's first year is far stronger than critics suggest.

US Households' Personal Finance Worries Grew in November, New York Fed Says

U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held steady, a New York Federal Reserve report released Monday showed.

Bessent says U.S. will finish the year with 3% GDP growth, sees 'very strong' holiday season

Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.