Economy

The Trump administration’s tariffs are likely to slow down the U.S. economy, making U.S. companies and government bonds a less attractive asset. International investors have started to think about investing elsewhere.

Conference Board surveys point to unease about job security and raise questions about Americans’ future spending.

Workers earning the least saw their wages grow more than 15%, even when adjusted for inflation, according to a report from the Economic Policy Institute.

Amid elevated interest rates and high costs, millennials and older members of Gen Z made no gains in owning homes in 2024, Redfin data shows.

Gold futures rose above $3,000 per ounce.

New residential building permits are down. High prices on building materials could further slow new construction.

The Fed’s Empire State manufacturing index shows weakness in demand and employment, possibly tied to the prospect of tariffs.

Uncertainties about tariffs and inflation are part of the reason the value of the U.S. dollar has fallen sharply in the last few weeks.

Pavlina Tcherneva at Bard College says that COVID provided an opportunity to rethink the labor market, health care and housing — but we missed that opportunity.

Data doesn’t always show a full picture. Example: Functional unemployment was 23.3% in January — very different than the 4% headline figure.