Economy

Air freight companies have tried to pivot by flying goods to other parts of the globe, but it’s not enough to make up for lost business.

The spending imbalance is at the highest levels it has been since Moody’s Analytics started collecting this data.

With mortgage rates below 6.5%, lots of recent buyers are deciding to refinance. But there hasn’t been a similar increase in prospective buyers entering the market.

The move is the Fed’s first cut since December.

Tariffs are making it hard for companies to lower prices, but strong consumer spending isn’t helping.

Retail sales data show non-store spending (think: e-commerce) grew about 2% in August, and was up more than 10% year-over-year.

Wyoming is set to lose about $50 million a year because of new federal breaks for the coal industry. This has state lawmakers looking for ways to recoup the revenue loss.

Investors believe that lower interest rates and tax cuts will boost profits in the short term.

The Census Bureau reports retail sales numbers on Tuesday.

Instead, it’s labor costs and the weather.