Boom! The U.S. job market just dropped a surprise like Beyoncé at midnight — 177,000 new jobs in April, blowing past the 130K Wall Street was expecting. This isn’t a “meh” Monday kind of report. It’s a wake-up-and-hire-everybody kind of flex from the economy. The Labor Department came in hot Friday morning with the news. […]
US GDP Shrinks in Q1 2025 as Imports Surge and Consumer Spending Slows
Yeah, you read that right — the U.S. economy just shrunk. And no, this isn’t an episode of “Stranger Things.” It’s real life, and the GDP dipped 0.3% in Q1 of 2025. First time in three years. Somebody cue the dramatic slow zoom. So what’s the tea? Imports went wild. Businesses were on a “buy […]
Jerome Powell Warns of Tariff Risks as Fed Holds Rates Steady
You ever get the feeling the economy’s just… holding its breath? Well, Jerome Powell, the man steering the Federal Reserve through stormy waters, gave a speech today at the Economic Club of Chicago that did everything but whisper reassurance. It was thoughtful, it was measured, but it wasn’t exactly the warm blanket markets might’ve been […]