Mark Niquette
National Economics Reporter at Bloomberg News
National politics and government reporter for Bloomberg News. All views expressed are my own.
Articles
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6 days ago |
bloomberg.com | Mark Niquette
(Bloomberg) -- New applications for unemployment benefits filed by federal employees increased for a second week, hovering near levels seen in January before the Trump administration started to fire workers across agencies. There were 629 initial claims filed nationwide in the Unemployment Compensation for Federal Employees program for the week ended April 12, up from 542 the previous week, according data posted on the Department of Labor’s website on Thursday.
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1 week ago |
treasuryandrisk.com | Mark Niquette |Augusta Saraiva
Customers wait at a General Motors Co. Chevrolet dealership in Miami, Florida, on April 5, 2025. Photographer: Eva Marie Uzcategui/Bloomberg. Economic data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics, and appliances in an attempt to get ahead of tariffs that could raise prices. U.S. retail sales surged 1.4 percent in March from the previous month, the biggest jump in more than two years.
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1 week ago |
thestar.com.my | Mark Niquette |Augusta Saraiva
ECONOMIC data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and appliances in an attempt to get ahead of tariffs that could raise prices. US retail sales surged 1.4% in March from the previous month, the biggest jump in more than two years. Auto purchases led the advance with a 5.3% increase as buyers sought to dodge President Donald Trump’s 25% tariffs on finished vehicles, which he unveiled late in the month.
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1 week ago |
news.bloombergtax.com | Mark Niquette |Augusta Saraiva
Economic data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and appliances in an attempt to get ahead of tariffs that could raise prices. US retail sales surged 1.4% in March from the previous month, the biggest jump in more than two years. Auto purchases led the advance with a 5.3% increase as buyers sought to dodge President Donald Trump’s 25% tariffs on finished vehicles, which he unveiled late in the month.
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1 week ago |
bloomberg.com | Mark Niquette |Augusta Saraiva
Customers wait at a General Motors Co. Chevrolet dealership in Miami. (Bloomberg) -- Economic data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and appliances in an attempt to get ahead of tariffs that could raise prices. US retail sales surged 1.4% in March from the previous month, the biggest jump in more than two years.
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The Trump administration’s efforts to slash the federal workforce is beginning to show up in employment data, with the brunt of those cuts still to come https://t.co/5PhyGcMxML via @economics
The Trump administration’s efforts to shrink the US government amounted to more than 280,000 planned layoffs of federal workers and contractors across 27 agencies, according to outplacement firm Challenger https://t.co/NWSy6PuE9Q via @bpolitics
The US trade deficit shrank in February from a record at the start of the year as stronger exports blunted the impact of a rush to secure goods and materials before the Trump administration’s sweeping tariffs. https://t.co/zlvnzWMWt7 via @economics