海角大神

After months of White House pressure, the Federal Reserve cut interest rates by a quarter of a point on Wednesday, signaling two more cuts may follow, given job market woes.

Inflation聽posted a 2.9% annual rate in August, up from 2.3% in April. Job creation has slowed sharply. These key indicators put pressure on Republicans as the party in power 鈥� even as they push blame toward the Federal Reserve and Democrats.

As artificial intelligence starts to transform the job market, college students are the first to feel it 鈥� and are adapting their coursework and career planning.

Just 22,000 jobs were created in August, and revisions to prior Labor Department reports show a pronounced slowing in the job market since April. Avoiding a recession may depend, more than usual, on policymakers and even the courts.

An era of abundant low-cost imports faces a reckoning 鈥� but not necessarily an end 鈥� as the Trump tariffs take hold. America鈥檚 long pivot from thrift toward consumption is deeply ingrained. So are the economics of global supply chains.

President Trump has extended his tariff truce with China. But conciliatory moves suggest that America may not retain the upper hand.

Higher tariffs go into effect today as President Trump targets persistent U.S. trade deficits. But economists say patterns of saving and investment, not tariff rates, are at the root of trade imbalances.

Donald Trump isn鈥檛 the first president to struggle over official data, with agencies like the Bureau of Labor Statistics. But trustworthy data is vital for financial markets, and the firing of BLS chief Erika McEntarfer has raised concerns.

President Trump鈥檚 tariffs have already affected economic activity at the LA docks, the nation鈥檚 largest. But automation and artificial intelligence are the challenges that could cause the most hardship for thousands of workers.

After an era pushing the world toward open trade, the U.S. under President Trump has just pivoted toward higher tariffs and bilateral brinkmanship.