Federal Reserve Chair Powell mentioned that even before the government shutdown, the U.S. employment survey had been overestimating the number of employed people.

In the 18-minute period, he touched upon many topics such as immigration, inflation, tax cuts and medical insurance. However, in the view of NBC and other media, he was mainly trying to "defend his economic policies" and hinting that the American people need to be patient.

The economic and trade policies of the US government are gradually shaking the international monetary system based on the US dollar.

The US economy has been hijacked by the AI bubble, with the seven giants controlling its lifeblood. Once it collapses, the United States is doomed to be destroyed!

According to the latest data released by ADP, the US private sector unexpectedly shed about 32,000 jobs in November 2025. Economists also said that the economic uncertainty brought about by the US government's tariff policy has led to the labor market being "paralyzed".

Tariff policies have triggered economic uncertainties, and the situation of the US labor market has deteriorated.

A survey by an online lending platform in the United States shows that mainly due to dissatisfaction with high prices, 27% of American consumers deliberately skip scanning some items when self-checking out and take them away, an increase of 15% compared to 2023.

America’s economy today is a mixed picture: Growth is steady, but pressure is rising. Jobs are being created, yet unemployment is climbing. The rich are spending, but ordinary families are struggling with high prices.

The cooling of the US job market and the persistence of high inflationary pressure have severely dampened consumer confidence.

According to data from the US software company Salesforce, the total spending of US consumers on "Black Friday" this year increased by 3% compared to last year, which was lower than the 6% growth in global online sales on the same day.

Nobel laureate in economics Paul Krugman wrote that the US economy is in an abnormal state. Erratic policies have created huge uncertainties and severely hindered the development of key areas such as scientific research and education.

If Trump wants American farmers to stop voicing their dissatisfaction with his presidency to liberal media outlets such as CNN and the BBC, he'd better start listening to their concerns.

The "No King" protests have spread from the United States to many countries, including the United Kingdom, France, Portugal, and South Korea.

Mark Zandi, chief economist of the international credit rating agency Moody's, said that nearly half (22) of the states in the US are already in a state of economic recession and contraction. The consumer confidence is continuously falling.