(authored by RSM US LLP) The effective tariff rate in the United States now stands at 23% following Wednesday’s announcements of new tariffs, with the…
(authored by RSM US LLP) The Dow Jones U.S. Trucking Index has declined 24% from its peak on Nov. 11 and is down 21.5% since…
(authored by RSM US LLP) Businesses, and the economy overall, face uncertainty amid the regime change in the global economy.
(authored by RSM US LLP) The number of initial claims for jobless benefits rose slightly to 219,000 last week, close to our forecast and the…
(authored by RSM US LLP) American households are well positioned to keep spending at a 3% to 3.5% pace as inflation moves back to 2%…
(authored by RSM US LLP) Job openings fell to 7.4 million, the fewest since 2021, from 7.86 million, while hirings rose to 5.56 million from…
(authored by RSM US LLP) The IRS revenue procedures provides the amount for inflation-adjusted items for 2025. Amounts adjusted for inflation include the individual tax…
(authored by RSM US LLP) We expect the Fed to keep its eyes on preserving full employment amid general price stability, which points to a…
(authored by RSM US LLP) The jobs data released Friday strongly suggests that the Fed will cut by 25 basis points on Nov. 7 at…
(authored by RSM US LLP) For the first time in years, the risk premium has been positive, which is an important signal that interest rates…