Consumer sentiment in the United States has dropped to the second-lowest level on record, according to recent reports. This decline is largely attributed to rising inflation expectations following […]
US Consumer Sentiment Deteriorates Amid Trade War and Inflation Concerns
WASHINGTON (AP) — U.S. consumer sentiment declined slightly in May, marking the fifth consecutive month of a downward trend, surprising economists as Americans grow increasingly concerned about inflation […]
Trump Administration Announces 15% Cuts for Certain Social Security Beneficiaries in June
Beginning next month, Social Security beneficiaries who are behind on their student loan payments may face up to a 15% reduction in their benefits. Earlier this month, the […]
The Impact of a Month with 145% Tariffs on Chinese Imports
Although the 145% tariff on Chinese imports lasted only one month, it left significant marks on the economy. Global trade cannot simply be switched on and off at […]
Why Are So Many Retirees Filing for Social Security Earlier?
A growing number of retirees are opting to file for Social Security benefits earlier than the full retirement age. This trend can be attributed to various factors, including […]
Some Social Security Recipients Face 15% Benefit Cut Starting Next Month
Social Security recipients who are behind on student loan payments may see their benefits reduced by as much as 15% starting next month. The Trump administration announced in […]
Postponing Retirement: Considerations Amid Economic Uncertainty
The current uncertain macroeconomic environment poses challenges for retirement planning. Many older Americans are reconsidering their retirement timelines due to concerns about potential recessions, market volatility, inflation, and […]
Japan’s economy contracts more than expected due to export decline and Trump tariffs
Japan’s economy contracted more than anticipated in the first quarter of 2025, official data released on Friday for the January to March period reveals. Japan’s Gross Domestic Product […]
Japan’s Economy Contracts More Than Expected Amid Looming US Tariff Threat
Japan’s economy contracted for the first time in a year during the March quarter, shrinking at a faster pace than expected. Preliminary government data showed real gross domestic […]
Hard Data Indicates Tariff-Driven Inflation and Recession Concerns May Be Exaggerated
Recent hard data indicates that fears of tariff-driven inflation and potential recessions may be overstated. Inflation rates have been declining, hitting 2.3% in April, which is lower than […]