latest news in economy

German Firms Forecast US Sales Rebound Despite Rising Tariff Pressures

German Firms Forecast US Sales Rebound Despite Rising Tariff Pressures

New York, Friday, 6 March 2026.
Despite citing tariffs as a primary challenge, 82% of German firms in the US project sales growth, with AI implementation rates more than doubling to 57% year-over-year.

Unexpected 92,000 Job Loss in February Defies Economic Forecasts

Unexpected 92,000 Job Loss in February Defies Economic Forecasts

Washington D.C., Friday, 6 March 2026.
The labor market unexpectedly contracted by 92,000 jobs in February, shattering growth forecasts. Combined with downward revisions to previous months, this signals a critical turning point for the economy.

Strategist Forecasts Secular Bear Market for Overvalued US Dollar

Strategist Forecasts Secular Bear Market for Overvalued US Dollar

New York, Thursday, 5 March 2026.
Marc Chandler warns the dollar is entering a long-term downturn, citing OECD data showing it is overvalued by 50% against peers as investors increasingly diversify away from US assets.

The GLP-1 Menu Paradox: Consumers Demand Smaller Portions but Reject Labels

The GLP-1 Menu Paradox: Consumers Demand Smaller Portions but Reject Labels

Deerfield, Thursday, 5 March 2026.
New data reveals a critical “menu paradox”: while diners demand smaller, protein-rich options, they reject explicit GLP-1 branding, leading 24% of users to order from kids’ menus for suitable portions.

Stabilizing Interest Rates Shift Financial Advantage to Homebuyers in Twenty-Two Major U.S. Markets

Stabilizing Interest Rates Shift Financial Advantage to Homebuyers in Twenty-Two Major U.S. Markets

New York, Thursday, 5 March 2026.
Data from March 2026 reveals buying now costs less than renting in twenty-two major metros, with Pittsburgh homeowners saving $330 monthly compared to tenants.

Local Developers to Acquire San Francisco Centre in Major Downtown Revitalization Step

Local Developers to Acquire San Francisco Centre in Major Downtown Revitalization Step

San Francisco, Thursday, 5 March 2026.
Local firms Presidio Bay and Prado Group have agreed to acquire the 111,500-square-meter San Francisco Centre, potentially purchasing the former $1 billion asset for a fraction of its peak value.

Goldman Sachs Forecasts Limited Market Pullback Despite Geopolitical Volatility

Goldman Sachs Forecasts Limited Market Pullback Despite Geopolitical Volatility

New York, Wednesday, 4 March 2026.
Strategists project a temporary dip rather than a bear market, noting that historical geopolitical shocks typically result in a median equity decline of just 6% over 18 days.