Latest news and articles about US economy from NEX English
New data reveals that the Internal Revenue Service (IRS) has received one million fewer tax returns compared to the same period last year, raising concerns about taxpayer compliance. This decline comes at a critical time as filing deadlines approach.
Last week, new unemployment claims in the United States saw a slight rise of 16,000, reaching a total of 219,000. This increase comes amid stable labor market conditions, potentially allowing the Federal Reserve to maintain steady interest rates.
Kevin Hassett, director of the US National Economic Council, stated that the current Middle East crisis will not necessitate an increase in interest rates, noting that its impact on the US economy will be limited. He emphasized the need to keep interest rates low to foster economic growth.
The U.S. Department of Commerce reported a slight decrease in core inflation to <strong>3%</strong> in February, reflecting economic conditions before rising energy prices. This indicator is crucial for the Federal Reserve in assessing economic trends.
The United States has recently experienced a significant increase in one of its inflation indicators, with prices rising for the third consecutive month. This surge poses a new challenge for the Federal Reserve as it attempts to manage ongoing price pressures amidst escalating tensions in the Middle East.
Mortgage demand in the United States fell by <strong>0.8%</strong> last week, marking the first decline since January 2025. This drop is attributed to ongoing economic uncertainty stemming from the war in Iran, despite a slight decrease in interest rates.
The Federal Reserve has shown increased openness to raising interest rates in its upcoming March meeting, amidst multiple economic challenges that require critical decisions.
The Federal Reserve is expected to cut interest rates in its upcoming meeting, according to minutes from its last gathering. While some members see a 'strong case' for a rate hike, this view represents a minority. The meeting in March is expected to be a turning point in monetary policy.
John Williams, President of the Federal Reserve Bank of New York, predicts that inflation in the United States may reach <strong>2.75%</strong> this year. He emphasized that energy prices will play a crucial role in determining this rate.
Concerns in the private credit sector are negatively impacting the rapidly growing US municipal bond market. These worries signal new challenges for investors in this vital sector.
Concerns are growing regarding the ongoing conflict in Iran and its effects on the US economy. Reports indicate that despite being a net exporter of certain fuels, the US may face severe repercussions from rising global energy prices.
Kathy Boushansky, chief economist at Nationwide Mutual Insurance, expressed her optimism about the US economy despite risks related to inflation and rising energy prices. This statement was made during her appearance on Bloomberg Surveillance.
The real estate market in the United States is facing significant challenges due to the war in Iran. A recent survey indicates that buyers are more concerned about the economy and interest rates than home prices.
The United States is currently experiencing a significant rise in gas prices, raising concerns among American consumers. Upcoming inflation data is expected to clearly reflect the impact of this increase.
The services sector in the United States experienced a notable slowdown in March, with payment prices reaching their highest levels in 3.5 years. This reflects the impact of inflationary pressures on the US economy.
Private credit has become a fundamental element in financing the US economy, playing a pivotal role in supporting businesses and projects. As reliance on this type of financing grows, investors and analysts must understand its impacts on the market.
Concerns over inflation are rising in US financial markets as recent job data indicates a deterioration in economic conditions. These fears coincide with escalating tensions in the Middle East, raising worries about their impact on the global economy.
The American Automobile Association reported a significant increase in gas prices in the United States, rising by <strong>38%</strong> since the onset of the US-Israeli conflict with Iran on <strong>February 28</strong>. The average price per gallon has reached <strong>$4.119</strong>.
US retail sales rose by <strong>0.6%</strong> in February 2026, but experts warn of a potential decline in the coming months due to escalating conflict with Iran. The ongoing war may lead to rising inflation and slowing economic growth.
The Biden administration has announced a scaling back of its plans to dismantle the Consumer Financial Protection Bureau (CFPB), while still aiming to reduce the workforce by up to two-thirds. This decision comes amid increasing pressure on the administration to address consumer issues.
The U.S. federal government has filed a lawsuit against three states—<strong>California</strong>, <strong>New York</strong>, and <strong>Washington</strong>—accusing them of illegally regulating prediction markets. This action comes amid growing concerns about the regulation of these markets and their impact on the economy.
Weekly jobless claims in the United States have seen a significant decline, indicating stability in the country's labor market. Reports suggest that layoffs remain low, bolstering optimism about the US economy.
Unemployment claims in the United States saw a significant decline last week, dropping by 9,000 to reach <strong>202,000</strong>, the lowest level in two years. Simultaneously, the trade deficit widened in February, but less than expected, reflecting increases in both imports and exports.
In a national address, President Donald Trump announced plans to end the war in Iran within weeks, claiming that all original Iranian leaders are dead. His statements have sparked controversy regarding their accuracy and implications for the regional situation.
Former Boston Federal Reserve President Eric Rosengren anticipates positive US job data to be released on Friday. This forecast was shared during his conversation on 'The Close' with Katie Greifeld and Bailey Lipschultz.
In March 2023, industrial activity in the United States saw a significant increase, marking the highest growth rate since 2022. This growth comes amid rising input costs due to geopolitical tensions related to the war with Iran.
Ellen Zentner, the chief economic strategist at Morgan Stanley Wealth Management, indicates that the firm is not planning to sell US stocks broadly, highlighting investment opportunities in certain sectors. She warns of a 40% chance of a recession in the United States over the next year.
Jamie Dimon, CEO of JP Morgan Chase, has unveiled an ambitious plan aimed at revitalizing the American dream by focusing on supporting small businesses. This initiative comes at a time when many are looking to rebuild the U.S. economy after recent challenges.
Fuel prices in the United States have seen a significant increase, surpassing $4 a gallon due to disruptions caused by the ongoing war in Iran. This rise raises concerns among consumers and reflects geopolitical tensions in the region.
The financial markets are bracing for a critical week as they await US inflation data, which is expected to show a significant spike in core inflation. This situation raises concerns among investors regarding the potential implications for the global economy.