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Economic News

U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed

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09 September 2025
Pressure is on for the Fed to start lowering rates, with markets expecting a cut at each of the three remaining meetings this year.
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NY Times Poll: Mamdani Holds Big Lead in NYC Mayoral Race

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09 September 2025
Zohran Mamdani continues to lead his rivals in the race for New York City mayor, according to a New York Times/Siena University poll. Mamdani, the Democrat nominee, leads with 46%, while former Gov. Andrew Cuomo...
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White House: New Stats Reveal 'Broken' Labor Bureau

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09 September 2025
The Bureau of Labor Statistics on Tuesday released figures showing it was off target by more than 900,000 jobs in its reporting from March 2024 to March 2025.
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Peter Morici to Newsmax: Businesses Need Certainty to Soar

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09 September 2025
​President Donald Trump has to finalize all the tariff deals with various countries so that the international trade system gains stability and provides the framework for an economic upturn, economist Peter Morici told Newsmax on Tuesday.
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