Category: United States Economy

Dollar Tree and Dollar General Report Sales Gains as Shoppers Cut Costs

The New York Times – Business:
Dollar General and Dollar Tree each reported gains in sales and store traffic on Thursday as higher gas prices forced shoppers to pare back.
PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs

The New York Times – Business:
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
‘Honeymoon’s Over’: Warsh Under Pressure as Fed Weighs Raising Rates

The New York Times – Business:
Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. government bond markets on edge and inflation risks resurfacing.
Bessent Faces Credibility Test in Quest to Tame Markets

The New York Times – Business:
The Treasury secretary is confronting the limits of his ability to reshape the economy ahead of midterm elections.
What’s Behind the U.S. Treasury’s Latest Attempt to Lower Interest Rates

The New York Times – Business:
The Treasury Department said it could begin to buy back more of its debt, and bond market investors are assessing the potential effects on borrowing costs.
U.S. Economy Could Feel the Sting From Trade War With Canada

The New York Times – Business:
A tit-for-tat trade fight between the two allies could create new headaches for consumers and businesses already stung by high prices.
An Ancient Sumerian Solution to Our $40 Trillion Deficit

The New York Times – On the Runway:
In the ancient world, debt forgiveness was a regular tool to control the economy. Why have we forgotten it?
The Economy Got Used to Low Borrowing Costs. Their Exit Could Pose Risks.

The New York Times – Business:
After roughly two decades of ultralow interest rates, a period of rapid readjustment is ahead for the United States, the world’s largest economy and most important financial system.
Trump Widens Beef Imports in Bid to Lower Prices

The New York Times – Business:
Cattle ranchers have trimmed their herds in response to drought and low margins, helping push up the cost of another American staple food.
Should You Invest in Bonds Right Now?

The New York Times – Business:
High-quality bonds are still safer than stocks, but they have been swinging in value, so move cautiously, our columnist says.
Walmart Posts Slowest Sales Growth in Years as Americans Tighten Wallets

The New York Times – Business:
Walmart and other big U.S. retailers have warned that consumers were being cautious, even if personal balance sheets seemed healthy.
Why Treasury Yields Are Rising, and What That Means for the Economy

The New York Times – Business:
Interest rates on U.S. government bonds can affect everything from auto and student loans to mortgages.