latest news in economy

White House Data Reveals Energy Costs Drive Inflation Gap Between Conservative and Liberal States

White House Data Reveals Energy Costs Drive Inflation Gap Between Conservative and Liberal States

Washington, Wednesday, 24 December 2025.
New data reveals conservative states average 2.5% inflation compared to 3.0% in liberal states, a divergence driven largely by steeper energy and transportation costs in liberal-led metro areas.

Surging AI Energy Demand Forces Revival of Aging Fossil Fuel Plants

Surging AI Energy Demand Forces Revival of Aging Fossil Fuel Plants

New York, Wednesday, 24 December 2025.
Utilities are canceling fossil fuel plant retirements to meet AI’s energy surge, a desperate move that drove electricity prices in the largest US grid up 800 percent this summer.

Rapid Third-Quarter Growth Surprises Experts Despite Inflation Challenges

Rapid Third-Quarter Growth Surprises Experts Despite Inflation Challenges

Washington, Wednesday, 24 December 2025.
Shattering forecasts, the economy surged at a 4.3% annual rate, though a simultaneous rise in core inflation to 2.9% signals ongoing policy challenges.

Trump Mandates Rate Cuts From Next Fed Chair Despite Soaring GDP

Trump Mandates Rate Cuts From Next Fed Chair Despite Soaring GDP

Washington D.C., Tuesday, 23 December 2025.
President Trump issued a strict ultimatum for the next Federal Reserve Chair: cut interest rates regardless of economic strength, claiming this could fuel unprecedented 20% GDP growth.

Goldman Sachs Forecasts S&P 500 to Hit 7,200 as Market Rally Widens

Goldman Sachs Forecasts S&P 500 to Hit 7,200 as Market Rally Widens

New York, Tuesday, 23 December 2025.
Goldman Sachs anticipates the S&P 500 hitting 7,200 in 2026, fueled by $100 billion in tax refunds and sturdy growth, despite the risk of volatility from high valuations.

Delayed Q3 GDP Data Takes Center Stage in Shortened Holiday Week

Delayed Q3 GDP Data Takes Center Stage in Shortened Holiday Week

New York, Tuesday, 23 December 2025.
Delayed by a government shutdown, the initial Q3 GDP report finally arrives this shortened holiday week, offering investors a critical economic health check before markets close for Christmas.

Analysis Estimates China’s Actual 2025 Growth Fell Below Three Percent

Analysis Estimates China’s Actual 2025 Growth Fell Below Three Percent

Beijing, Tuesday, 23 December 2025.
Independent data suggests China’s economy grew just 2.5% to 3% in 2025—roughly half the official target—signaling a structural slowdown that could limit 2026 expansion to under 2%.

2025 Holiday Sales Expose Deepening Economic Divide

2025 Holiday Sales Expose Deepening Economic Divide

Los Angeles, Tuesday, 23 December 2025.
The 2025 holiday season confirms a “K-shaped” economy: Ralph Lauren shares surged 37% on luxury demand, while Kroger dipped 13%, illustrating a historic divide between affluent and budget-conscious consumers.

US Economy Evades 2025 Recession Despite Record Shutdown and Tariff Volatility

US Economy Evades 2025 Recession Despite Record Shutdown and Tariff Volatility

New York, Monday, 22 December 2025.
The U.S. successfully skirted a 2025 recession despite the longest government shutdown in history, though rising unemployment and slowing wage growth now loom over consumers entering 2026.

Tech Surge and GDP Reports Guide Investors Through Holiday Week

Tech Surge and GDP Reports Guide Investors Through Holiday Week

New York, Monday, 22 December 2025.
Amid thinning holiday liquidity, investors pivot to crucial GDP data and a technology rally led by Micron, seeking signals of economic resilience ahead of 2026 policy shifts.