Articles
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1 week ago |
theguardian.com | Lauren Aratani
Women across the political spectrum are more concerned about the state of the US economy and inflation under Donald Trump than men are, according to a new exclusive poll for the Guardian. More Democrats than Republicans are now concerned about the economy following the president’s return to power. But pessimism was higher for women even among Republicans and independents, according to a new Harris poll.
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2 weeks ago |
theguardian.com | Lauren Aratani
When Nicole Hartman purchased her home in Berwick, Pennsylvania, in 2019, the place needed remodeling. The 44-year-old home help aide needed to replace the hot water heater, get two new appliances and fix a water issue, along with making the home more medically accessible for her children. With loans taken out for the home itself, it was impossible for Hartman, 44, and her husband to get personal loans to cover the renovations, so for the first time in her life, she opened up credit cards.
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2 weeks ago |
theguardian.com | Lauren Aratani
US prices continued to rise in May as companies and consumers grappled with Donald Trump’s tariffs. The president has repeatedly pledged to lower costs across the economy. Annualized inflation ticked higher to 2.4% in May, up from 2.3% in April, and . On a month-to-month basis, the consumer price index rose by 0.1%, down from 0.2% the previous month. The readings were softer than expected.
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2 weeks ago |
buff.ly | Lauren Aratani
US prices continued to rise in May as companies and consumers grappled with Donald Trump’s tariffs. The president has repeatedly pledged to lower costs across the economy. Annualized inflation ticked higher, to 2.4%, in May, up from 2.3% in April. On a month-to-month basis, the consumer price index rose by 0.1%, down from 0.2% the previous month. The readings were softer than expected.
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3 weeks ago |
buff.ly | Lauren Aratani
The US economy added 139,000 jobs in May, a slowdown compared with recent months as American businesses cope with uncertainty around Donald Trump’s continuing trade war. After signs of a strong labor market in April – which was largely seen as resiliency against teetering trade policy from the White House – May saw a drop in new jobs added to the labor market, according to new data from the Bureau of Labor Statistics. The unemployment rate remained steady at 4.2%, unchanged from last month.
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