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The Virtual Update

Economy

Explore the latest in economy news, economic trends, and expert analysis at The Virtual Update. Our insights cover global and local economic shifts, market forecasts, financial strategies, and more. Stay informed on key economic indicators, inflation rates, and economic policies that impact your business and personal finances. Whether you’re tracking economic growth or managing financial risks, we provide the information you need to navigate today’s economy effectively.

 

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Washington D.C. unemployment spikes Trump and Musk shrink government

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C.,…

Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats

PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the…

Consumer price report expected to show inflation isn’t going away

Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as…

Unemployment spiked for Black men in January as more joined the labor force

Jobseekers talk to recruiters during the New York Public Library’s annual Bronx Job Fair & Expo at the Bronx Library…

Consumer inflation fears spike in February as tariff worries hit sentiment

People shop at a Whole Foods store on Feb. 3, 2025 in New York City. Michael M. Santiago | Getty…

Fed officials are raising concerns about Trump’s tariffs and inflation

Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Federal Reserve officials take great pains…

As markets buckle up for Trump tariffs, these global sectors brace for a rough ride

U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to…

PCE inflation December 2024:

Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well…

GDP grew at a 2.3% pace in the fourth quarter, less than expected

U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported…

Private sector companies added 122,000 jobs in December, less than expected, ADP says

A worker adjusts hiring signage at a job and resource fair in Hendersonville, North Carolina, U.S., on Tuesday, Nov. 19,…