The US is facing a looming debt limit deadline, and both President Biden and House Speaker McCarthy are unwilling to give ground ahead of talks scheduled yesterday.

It is reported that the United States trade deficit has grown for the third consecutive month, reaching $70.5 billion.

For the first time in nearly two years, the number of available job positions fell by 632,000 compared to the previous month.

The dismantlement of Silicon Valley Bank within 48 hours by regulators has the federal government rushing to stifle the bleeding of a resilient - but vulnerable - economy.

A large swatch of the country’s economists are anticipating a recession in the United States, but the date that comes to fruition is to be a little later than initially expected.

At the fastest pace since June 2022, the Federal Reserve’s preferred inflation gauge is skyrocketing.

Walmart has signaled that customers will likely slow their purchasing, even after strong holiday sales and profit last quarter.

Large retailers such as Home Depot and Walmart are projecting a weaker economy this year due to declining consumer spending.

According to the Congressional Budget Office, the increasing cost of interest rates, retiree benefits, and military spending are expected to send the country’s debt to the moon by 2033.