A new weekly indicator based on data for state-level unemployment claims provides timely information on the economy’s health status.| Federal Reserve Bank of San Francisco
U.S. households accumulated significantly more wealth following the pandemic onset than would have been expected without the pandemic shock. Overall excess household wealth—measured as households’ inflation-adjusted net worth beyond pre-pandemic projections—peaked in late 2021 at $13 trillion, then rapidly fell to zero in late 2022, where it broadly remained through the third quarter of 2023. This rise and fall can be attributed mainly to financial assets, particularly equity holdings. ...| Federal Reserve Bank of San Francisco
There is ample evidence that the economy has weakened and continues to do so. Most recently, the Bureau of Labor Statistics (BLS) reported that job growth between April 2024 and March 2025 was revised down by 911,000 from about 1.79 million to roughly 879,000. 911,000 is a massive revision figure. It’s the largest since 2000....| Bull Oak
32 ways Trump is making us poorer and destroying our future| Unprecedented
Employers are adding jobs at a healthy clip and workers are getting inflation-adjusted wages, economists said.| CNBC
Chinese exports to the U.S. have flatlined during a period of the year when the trade would normally be peaking ahead of holiday season.| CNBC
Markets "haven't fully taken on board" the fact that tariff revenues will fall in as businesses readjust to the new regime, Stiglitz told CNBC.| CNBC
Although revisions to monthly payroll employment data issued in August were large, they were within the historical range. Evidence continues to suggest that the incoming data are not generally subject to greater fluctuations than in the past, according to updated SF Fed analysis.| Federal Reserve Bank of San Francisco
President Donald Trump said he will impose a 50% tariff on copper imports and suggested more steep sector-specific duties are on the way.| CNBC
The company will also announce it will be producing more technically advanced chips than originally proposed.| CNBC
Canada, Mexico and China responded to Trump's long-promised tariffs on imports, with Canada immediately retaliating. The EU also weighed in with its reaction.| CNBC
Sitting in cash out of fear? Learn why “playing it safe” can sabotage long‑term wealth, and how time in the market beats timing every time.| Bull Oak
In the end, Saudi Arabia may have only one option: Launch a supply war by flooding the market with oil.| CNBC
A petroleum analyst told CNBC that a nationwide shortage of truck drivers, not a fuel shortage, is behind the delivery delays at many gas stations.| CNBC
The U.S. is facing a colossal $37 trillion debt load, and the most likely strategy to address it may already be in motion—financial repression. In this post, we explore how the government could use negative real interest rates, inflation, and directed capital flow to reduce the debt burden while eroding the purchasing power of savers. Learn how this tactic has been used before, what signs to watch for, and how to position your assets to weather the storm.| Bull Oak
Price differences across U.S. states and regions widened during the pandemic years. In our Economic Letter, “The Changing Disparity in Prices Across States,”| Federal Reserve Bank of San Francisco
If California were a country, it would be the 5th largest economy in the world. We look at the reasons why this is.| Bull Oak
Freight volume is expected to increase and a recession for the ground transportation sector end, with rates likely to rise in Q3, say logistics executives.| CNBC
Welcome to FiveThirtyEight’s politics chat. The transcript below has been lightly edited. nrakich (Nathaniel Rakich, senior elections analyst): For a long time, the economy has been seen as a big liability for President Biden in his reelection bid. Inflation soared in 2021 and 2022, culminating at a rate of 9.1 percent last June. The same […]| Features – FiveThirtyEight
The number of people who quit their jobs in January tapered but hovered near November's record level, according to the U.S. Department of Labor.| CNBC