Consumers still forecast about 3% inflation, according to a New York Federal Reserve Bank survey. Responses also reflect a looser job market.
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the way.
Concerns about energy reliability and extreme weather in states like Texas have boosted interest in solar panels, batteries and insulation.
Both programs are major sources of government spending and could find themselves in the sights of those who want to slash federal budgets.
Texas would join a growing number of states that have invested in private education in recent years.
Trump officials have called President Joe Biden’s use of humanitarian parole illegal. Even without policy changes, pathways to stay in the U.S. legally are limited.
The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it’s been fairly stable relative to GDP.
The dollar adjusts quickly to signals of where tariffs are headed, and higher import duties strengthen the dollar’s value.
Microgrids generate and supply their own power in tandem with the grid and work as a backup option in case extreme weather knocks out power.
Pending sales were up 2.2% in November.
