
GOP Facing Steep Uphill Battle as Economic Pessimism Spreads Among Base
Americans are sounding a loud alarm on the state of the economy just two weeks before the congressional elections, creating a precarious…
The latest Economy news, explainers and analysis — numbers first, narratives second.

Americans are sounding a loud alarm on the state of the economy just two weeks before the congressional elections, creating a precarious…
Consumer prices rose less than forecast in September as rents and used cars eased, giving central bankers more room to hold rates steady.
Employers added 142,000 jobs last month, below the six-month average, while wage growth cooled to an annual 3.6%.
Builders broke ground on more single-family homes in September, the first sizeable gain since spring, as the average 30-year mortgage rate slipped below 6.2%.
Spending at stores and restaurants rose 0.7% in September, but gains were concentrated among higher-income households.
A softer rate outlook and rising foreign demand for non-US assets have pushed the dollar index to a four-month low.
The IMF raised its world growth projection for next year to 3.2%, but said rising tariffs could erase most of the gain.
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