latest news in economy
US Economic Growth Slows Sharply to 1.4% Rate as Inflation Pressures Persist
Washington, Friday, 20 February 2026.
Fourth-quarter GDP expanded just 1.4%, significantly missing forecasts, while core inflation defied cooling trends to hold at 3%, creating a challenging policy landscape for the Federal Reserve.
The High Price of Frustration: Americans Lose $165 Billion to the Annoyance Economy
New York, Thursday, 19 February 2026.
Corporations are monetizing your frustration. A new analysis reveals that intentionally difficult cancellation processes and administrative friction cost Americans $165 billion annually, while boosting corporate revenue streams by up to 200%.
Fiscal Analysis Reveals Immigrants Reduced U.S. Deficit by $14.5 Trillion
Washington, Thursday, 19 February 2026.
Contrary to political rhetoric, a new study finds immigrants generated 14% of tax revenue while consuming only 7% of spending, effectively reducing the national deficit by $14.5 trillion.
Fed Minutes Reveal Deep Division Over Future Interest Rate Path
Washington, Thursday, 19 February 2026.
Minutes from the January meeting reveal a sharp divide among Federal Reserve officials, with debates intensifying over potential rate hikes and the emerging economic impact of artificial intelligence.
White House Adviser Demands Discipline for Fed Researchers After Study Shows Americans Shoulder Tariff Costs
Washington D.C., Wednesday, 18 February 2026.
Kevin Hassett demanded punishment for Federal Reserve researchers after their study concluded U.S. consumers, not foreign exporters, bore 90% of the economic burden from 2025 tariffs, calling the work an “embarrassment.”