That’s complicating the Fed’s upcoming decision on what to do with interest rates.
July’s weak jobs report could be grounds for a big rate cut come September.
The GENIUS Act, signed into law in July 2025, goes a long way toward normalizing the use of stablecoins in the U.S. economy.
Nationally, the unemployment rate is low, at 4.2%. But it’s much higher in some parts of the country than others.
The move carries some risk.
Builders are mostly working on apartments and condos, and are still waiting to commit to more residential construction.
A lack of predictability and stability is putting the dollar’s “exorbitant privilege” at risk.
A new report by MIT found that businesses are mostly not replacing humans with AI, although they are using AI to reduce outsourcing.
Wealthier Americans are driving much of the growth in spending, while lower-income consumers are falling further behind.
The United States exported a record 31 quadrillion BTUs of energy last year, about 30% of total domestic energy production.
