Since the Federal Reserve’s decision to cut interest rates in September, the U.S. economy has been navigating a series of disruptions, ranging from labor strikes and hurricane recovery efforts to rising oil prices driven by an escalating conflict in the Middle East. One key challenge — the port strike along the East and Gulf Coasts…
https://www.aar.org/rail-industry-overview/ The economic landscape is raising concerns as signs of a slowdown become more apparent. In July, the unemployment rate climbed from 4.1% to 4.3%, shifting concerns from high inflation to rising joblessness. This marks the fourth consecutive rise in the unemployment rate, indicating that the effects of prior Federal Reserve rate hikes are now…
The global economy finds itself in a “sticky spot,” according to the International Monetary Fund’s latest World Economic Outlook Update. While maintaining its growth projections, the Fund warns of persistent inflation risks and an increasingly complex policy landscape. This report comes as central banks grapple with the challenge of taming price pressures without derailing fragile economic…
