Trump told the nation during his address to Congress that his aggressive tariff policies would cause “a little disturbance” a day after the stock market tanked.
The survey director noted that long-range inflation expectations have increased quickly, calling it an “unusually large increase."
Voters sent President Donald Trump back to the Oval Office on his pledge to lower costs on Day One and usher in a new “golden age” of American prosperity. But the dizzying pace of his executive actions has unnerved some economists who are projecting a downturn or even a recession.
A senior economic analyst at Bankrate, Mark Hamrick, said in a note that today’s jobs report “portrays a trickle of the flood of lost federal jobs with a decline of 10k,” adding that more of those cuts “will likely show up in the coming months.
Unemployment ticked up slightly and the government shed 10,000 employees as DOGE’s job-slashing efforts and Trump’s economic agenda take hold.
Financial scams are on the rise, with a new survey from Bankrate revealing that about one in three U.S. adults encountered financial fraud or a scam.
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MyChamplainValley.com on MSNU.S. employers add 151,000 jobs in FebruaryThe U.S. economy added 151,000 jobs in February, falling short of expectations but signaling a still-stable labor market despite ongoing inflation concerns.
Washington state may require employees to take unpaid furloughs to address a $15B deficit, sparking debate over budget cuts vs. taxes.
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