Tariffs are generating tens of billions of dollars in revenue for the federal government. In the first five months of the fiscal year, the government raised $151 billion from tariffs, nearly four times as much as during the same period the previous year.
"Men's time doing housework is about the same as it was in the 1970s, and that's true whether or not the woman earns more money or the man earns more money."
'Walmart Worries' just keep multiplying. It's currently close to the highest level ever recorded which was during the Great Financial Crisis of 2008-09.
High energy prices are kryptonite for the housing market. Affordability, especially for those first-time home buyers, is now an elusive dream until oil prices come down and interest rates come down.
At least 125 employees, which is more than 20% of the company's workforce, were let go as Underdog shifts away from some of its traditional offerings and leans more heavily into prediction markets. Teams in fraud operations, marketing, customer support, and product were among those affected.
Weak performance in several service sectors offset gains in retail and wholesale trade, reinforcing concerns about the pace of economic recovery. Japan relies heavily on oil imports from the Middle East, making it particularly sensitive to disruptions in the region.
The job market is struggling in the face of so many headwinds. Companies are going to be even more reluctant to hire this spring until the war ends and they can see consumers still spending. It's a tense time for the U.S. economy.
Although De Noire is based in Europe, she believes that economic upheaval in the United States "triggers huge uncertainty" across the pond because of America's global influence. De Noire first noticed a decline in business right after Donald Trump was elected in November 2024, as Americans and the rest of the world anticipated upheaval. "I didn't even bother working South by Southwest because the first Friday night I attempted to work, I walked into a completely empty club and didn't make any money at all,"
Ben Casselman reporting for the New York Times: The Bureau of Labor Statistics will not release monthly jobs numbers on Friday as scheduled because of the partial government shutdown, said Emily Liddel, an associate commissioner for the bureau. The report, one of the most closely watched economic indicators each month, would have provided data on job growth, unemployment and wages in January, as well as annual revisions to employment estimates from 2024 and 2025.
