US economy

US consumer prices rise less than expected in January

The Consumer Price Index rose 0.2% last month after an unrevised 0.3% gain in December

Many Americans struggle to buy homes amid high mortgage rates, rising prices, and a shortage of affordable new construction.

Trump decries a ‘nation of renters’ but his new policy promotes one

Trump’s executive order barring big investors from buying single-family homes exempts build-to-rent

Added revenue from Trump’s tariffs will reduce deficits by about US$3 trillion.

US budget deficit to grow to US$1.853 trillion in FY2026

CBO forecast shows Trump’s economic policies are worsening the country’s fiscal picture

Part of the better-than-expected increase in payrolls was because seasonally sensitive industries such as retailers and delivery companies hired fewer holiday workers than usual last year.

US job growth accelerates in January, jobless rate falls to 4.3%

Nonfarm payrolls increased by 130,000 jobs last month after a downwardly revised 48,000 rise in December

Johnson, one of Trump’s chief allies in Congress, has led a legislative blockade for months to insulate the tariffs.

Trump tariffs face rebuke as Johnson fails to block votes

Democrats has pointed to the duties as a driver of inflation that have escalated the cost-of-living crisis

Student-loan delinquencies have surged following a pause in payment requirements during the pandemic, the researchers say..

US consumer delinquencies jump to highest in almost a decade

The jobless rate for workers 16 to 24 years old stood at 10.4% in December

Retail sales excluding automobiles, gasoline, building materials and food services fell 0.1 per cent in December after a downwardly revised 0.2 per cent gain in November.

US retail sales unexpectedly flat in December

Economists could trim their fourth-quarter estimates for consumer spending and GDP

Commercial and multifamily real estate debt maturities are expected to decline 9% this year to US$875 billion.

Property debt’s ‘maturity wall’ eases in US as US$875 billion comes due

[NEW YORK] A steadily building wall of maturing property debt in the US is finally letting up as the outlook for commercial real estate improves. 

Research puts the burden of paying most of the tariffs on Americans, with the Yale Budget Lab saying in a report from late last month that the annual median cost of the taxes stands at around US$1,400 per household.

Fed’s Miran says data suggests Americans aren’t shouldering tariff hit

Miran’s view contradicted data showing that Americans are bearing the burden of paying for tariffs