Trump ends Biden-era fuel economy standards
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U.S. economy is still growing, ISM says, but ‘tariff uncertainty’ is depressing sales and hiring
The large services side of the economy grew in November for the sixth month in a row and inflationary pressures eased, but businesses were taking a cautious approach to hiring and investing due to lingering “tariff uncertainty.
The president’s approval rating fell to 42% while his disapproval rating rose. A greater share of respondents disapproved of Trump’s handling of the economy.
Wall Street is warning about a widening K-shaped economy, but Bank of America says the divide may be less destabilizing than feared.
Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed’s last policy meeting of the year.
The UCLA Anderson Forecast released Wednesday predicts the state and nation will muddle through a weak jobs market until the economy picks up next year.
In 2026, a reasonable baseline outlook is that the U.S. economy will get fresh support from the One Big Beautiful Bill Act’s front-loaded fiscal easing.
Canada’s equity benchmark spent the first quarter stuck in a rut as investors priced the tumult caused by US President Donald Trump’s bombast and tariffs. It’s been on a tear ever since, and strategists expect the surge to persist in 2026.
While spending soared to almost $12 billion, per one estimate, the data shows a more complicated economic picture.