Commentary

WWU Center for Economic and Business Research️ 8 hours ago

The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime auto lenders. The share of risky borrowers at least 60 days past due on their auto loans rose to 6.65% in October, the highest in data going back to 1994, according to Fitch Ratings. https://buff.ly/4OgNrHY

WWU Center for Economic and Business Research️ 10 hours ago

President Donald Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It’s part of a response to pressure from consumers who complain prices are too high. https://buff.ly/2QzwSjc

WWU Center for Economic and Business Research️ 10 hours ago

Raising kids is too expensive, most Americans say in new survey. Seven in 10 respondents said raising children is too expensive, a notable jump from 2024, according to an annual public opinion survey on U.S. family life. https://buff.ly/X9jm6Oa

WWU Center for Economic and Business Research️ 12 hours ago

Economic uncertainty throws off folding carton market. Dented consumer confidence, spurred by tariffs and inflation, has led to a drop in demand and shipments. https://buff.ly/9nl8Y6A

WWU Center for Economic and Business Research️ 14 hours ago

Traders slashed the odds of a December rate cut from the Federal Reserve to below 50% after a string of monetary policy officials, wary about inflation, voiced skepticism about the need for a third straight move. https://buff.ly/fr1Z9rb

WWU Center for Economic and Business Research️ 16 hours ago

Economists at the Institute of International Finance have provided some backing for Treasury Secretary Scott Bessent’s assertion that stablecoins offer a new mechanism to secure the US dollar’s global dominance. https://buff.ly/ldcyUGm