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Fed Chair Jerome Powell Says U.S. May Be Drastically Overstating Jobs Numbers The country could be losing 20,000 jobs a month, Powell said, a concern that was part of the decision to cut interest rate. https://buff.ly/kcsU7ur

Mexican lawmakers greenlit hefty tariffs on Asian imports, putting the country in step with Washington’s tougher line on China. Long a champion of free trade, Mexico is shifting course under President Claudia Sheinbaum’s leftist Morena party. https://buff.ly/tpSwDHA

This one may test how much of an Economics nerd you really are. Do you get excited to see the dot plot? It gives real insight into what the various members of the Fed are thinking about where the target rate should be on the road ahead.

The US economy is not en route to a recession, with growth to be supported by a few key tailwinds. S&P's base case is for another year of close-to-potential real GDP growth in 2026. Various fiscal tailwinds include personal tax cuts, elevated refunds, and rising federal spending on defense and border security. Factors working in the other direction include continued elevated uncertainty, declining spending on structures in the manufacturing sector, and some financial headwinds, including rising corporate credit spreads and an expected decline in equity values.

The nation's international trade deficit in goods and services decreased to $52.8 billion in September from $59.3 billion in August (revised), as exports increased more than imports. September 2025: -10.9° % Change August 2025 (r): -23.2° % Change

U.S. selected services total revenue for the third quarter of 2025, adjusted for seasonal variation but not for price changes, was $6,119.4 billion, an increase of 2.4 percent (+/- 0.4 percent) from the second quarter of 2025 and up 7.2 percent (+/- 0.6 percent) from the third quarter of 2024. The first quarter of 2025 to second quarter of 2025 percentage change was revised from 2.2 percent (+/- 0.4 percent) to 2.3 percent (+/- 0.4 percent). 3rd Qtr 2025: +2.4 % Change 2nd Qtr 2025 (r): +2.3 % Change