CNN — From a purely economic standpoint, 2024 wasn’t too shabby a year for inflation.. Gasoline 2024 price change : Down 7.6% Gas prices may be highly volatile and highly integral to aspects of life and business, but they’re also highly visible reminders of how prices are trending. “Even during the pandemic, when inflation was rampant across the economy, most …
CNN — In October, the initial estimate for the month’s employment gains was a scant 12,000 jobs. “We had a report last month which I told my readers, ‘Just throw it away.’ The Bureau of Labor Statistics basically said, ‘You know, we really can’t tell you anything about the effect of the hurricanes,’” Dan North, Allianz Trade’s senior economist for …
WASHINGTON — The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. The nation’s gross domestic product — the broadest gauge of economic health — grew at a moderate 2% annual rate in the April-June quarter, the Commerce Department reported Thursday. But most think consumer spending will be enough to offset …
New York CNN Business — The Trump administration’s expansion of the global trade war to Mexico could have harsh economic consequences for American workers — especially in Texas. The findings underscore the economic gamble President Donald Trump would be taking by imposing tariffs on Mexico, which is now America’s largest trading partner, after taking into consideration the recent China tariffs.Trump …
