Latest in Confidence Economy Sluggish
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The top 10% of Americans are propping up the economy. Here’s what will happen if they stop spending.
The wealthy are spending, but many consumers are pulling back — and the stock market is fragile.MarketWatch - 2d -
How Does Warren Buffett Think Tariffs Will Affect the U.S. Economy? He Just Called Them an ‘Act of War’
President Trump says tariffs on Canada and Mexico will begin Tuesday. Here’s what Warren Buffett thinks of the idea.Inc. - 1d -
Bank of England governor says risks to UK, global economy from trade wars ‘substantial’ – as it happened
Andrew Bailey says ‘essential that we don’t abandon multilateralism;’ European stock markets, euro rally after Germany announces fiscal ‘bazooka’. German stock markets are surging while the ...The Guardian - 17h -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 18h -
Trump’s trade war could pose ‘substantial’ threat to UK economy, says Bank
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies. A full-blown trade war would pose a “substantial” threat to the British economy, Bank ...The Guardian - 16h -
Congress' proposed cuts may jeopardize Medicaid and negatively impact the economy, report finds
Federal cuts to Medicaid would impact more than 80 million people who rely on the program. It may also negatively effect the economy, new research finds.CNBC - 13h