Could Trump’s Tariffs Slow AI Growth?
President Donald Trump says he wants the United States to lead the world in artificial intelligence. But the president’s tariffs on raw data center materials could cause American AI to fall behind. The rapid growth in the AI industry has brought with it a data center...
Home prices in January hold steady; Trump policy impacts yet to be seen
Home prices nationwide continued to rise in January, signaling a market firmer than expectations — at least until before the recent economic shake-up under President Donald Trump’s new policies. The S&P CoreLogic Case-Shiller Home Price Index, which measures...
Powell states that reciprocal tariffs’ effect will cause high inflation and slow growth, revising previous stance
President Donald Trump's higher-than-expected tariffs will raise inflation and reduce economic growth, the chairman of the Federal Reserve warned Friday, in his first public remarks since Trump’s “Liberation Day” announcements. That assessment from Chair Jerome...
Trump’s tariffs on pharma mean that generics and small biotech companies get the short end of the stick
Donald Trump’s pharmaceutical tariffs have upended the plans for Kenneth Moch, president of Euclidean Life Science Advisors, who is now facing roadblocks in further developing his four early-stage life science companies. Investor skittishness is making it harder to...
Wildland firefighters struggle to find homes to call their own
The housing crisis is putting a strain on wildland firefighters’ families, making it harder for them to remain in service and hinting at a looming crisis for first responders.
Rhetoric and Reality Collide in the Trump Administration’s Steel Tariffs
Bethlehem Steel operated from 1857 to 1995 Joe Mayer and his good friend Mike Dzwonczyk spent their entire careers working at Bethlehem Steel, as a foreman and in the plant’s blast furnace, respectively. In the 1980s they used to go to Washington D.C. with other...
Inflation cools more than expected in February, but threat of tariffs looms overhead
Inflation in February slowed more than expected, although the threat of widespread tariffs, especially on goods from China, brings uncertainty about what’s to come in the future. The Consumer Price Index (CPI) rose 2.8% year-over-year, slightly lower than the 2%...
Inflation prices rose unexpectedly in January, further stalling Fed interest rate cuts
Inflation ticked upward in January, rising higher than many economists expected—a sign that the economy is headed in the wrong direction. Prices rose 3% in January from a year ago — a full percentage point higher than the Fed’s 2% target goal, the Bureau of Labor...
U.S. home prices maintain gains in 2024, but may accelerate soon
National home prices continued to rise at a steady pace in December, but recent disasters and a new presidential administration weighed down by uncertainty are expected to drive the market higher.
Retail sales plunge in January, but broader economic slowdown remains uncertain
U.S. retail sales fell more than expected in January, signaling a potential slowdown in the economy. Sales declined 0.9% in January from December 2024, according to data released Friday by the U.S. Census Bureau. That was worse than the 0.2% decrease expected by...
- The Trade Deficit Closed Slightly—But Imports Remained Strong Ahead of Tariffs
- Contraction in Manufacturing Could Point to a Coming Recession
- Could Trump’s Tariffs Slow AI Growth?
- Home prices in January hold steady; Trump policy impacts yet to be seen
- Powell states that reciprocal tariffs’ effect will cause high inflation and slow growth, revising previous stance
