Layoff announcements were up 29% from June to July, and up 140% compared to last July. Should we be worried? Plus: data erosion, car key fobs, and the private equity-ification of youth sports.
Three percent GDP growth for the second quarter is great. It’s also misleading. Plus: jobs, stablecoin, and the case for a U.S. Department of Economic Security.
Consumer confidence grew last month, but Americans remain cautious about the labor market. Plus: the resurgence children’s magazines, ethics in AI music, and a foreign investment math lesson.
The Federal Reserve has stayed the course, stalling rate cuts as they wait to see the impact of President Donald Trump’s Tariffs. Vivian Gueler, CFO of Pacific Trust Group, spoke about mortgage rate expectations for the coming year.
President Trump wants lower interest rates now, but what could that mean for the economy? Also: an end to taxes on tips. We look at who qualifies and who doesn’t.
