Economic uncertainty due to tariffs and the effects of the federal government shutdown are expected to continue to impact Iowa’s economy, members of the Revenue Estimating Conference said Thursday as they met to discuss Iowa’s finances heading into the 2026 legislative session.

As expected by virtually all market participants, the Federal Reserve maintained its short-term policy interest rate between 5.25% and 5.5% at its June meeting that concluded Wednesday afternoon. According to the FOMC, “the risks to achieving its ...

President Donald Trump received some rosy news on Friday morning when the Bureau of Labor Statistics released its report showing that the U.S. economy added 177,000 jobs in April. This came the month that Trump announced his “liberation day” tariffs ...

Dr. Vince Malanga, president of LaSalle Economics, notes the potential economic scenario where economic growth stabilizes between 1.5% and 2% while inflation remains persistently between 2.5% and 3%. He says that raises the question of whether this ...

Weak US retail sales data was bad news for the economy but good news for markets; strong Purchasing Managers’ Indexes were the opposite. It seems the key driver is that UK stocks are reacting to the political certainty and stability leading up to ...

The February jobs report delivered mixed headline figures but the labor market remains resilient, leaving the forecast for Federal Reserve rate cuts materially unchanged, experts say. U.S. nonfarm payrolls expanded by 151,000 last month, the Bureau of ...

• Inflation is up, but so are the jobs numbers. We added 339,000 jobs to the American economy in May. But many companies, especially in high tech, are laying off people. • We are officially in a bull market. • Unemployment is at a 50-year low.

Even with the recent market pullback, the S&P 500 Index (SPX) remains 12.5% higher on the year. The recent pullback represents only a -3.97% decline from the high reached on October 28. Based on sentiment surveys, the federal government shutdown has ...

Most stocks slipped on Wall Street Tuesday, but the market hung near its highest level in 20 months following a mixed set of reports that kept alive questions about whether the U.S. economy can pull off a perfect landing where it kills high inflation but ...

Editor’s note: This story is part of our Mixed Signals: 2024 Economic Forecast for Texas, featuring stories about labor, inflation, housing, migration, rising utility costs and other factors propelling the North Texas economy. Texas touted record-setting ...

Bitcoin offers an alternative for purchasing goods and services, though most countries don’t consider it legal tender, and the economic impact of it becoming a mainstream payment option is unclear. El Salvador’s crypto treasury is $58 million in ...