U.S. inflation cooled sharply in November, but the 2.7 percent reading is not considered official after a government shutdown forced changes in how the CPI was calculated.
Data and Financial Journalist
U.S. inflation cooled sharply in November, but the 2.7 percent reading is not considered official after a government shutdown forced changes in how the CPI was calculated.
IMF projections show U.S. government debt climbing faster than most G7 peers, surpassing the group’s average in 2025 and reaching about 143% of GDP by 2030—second only to Japan.
Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
Tesla’s stock is a fascinating case study—one that not only reflects traditional market forces but also captures the increasingly powerful influence of the CEO’s political leanings on investor’s confidence.