If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ...
The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ...
In the wake of tariffs, immigration crackdowns, geopolitical disruptions, and heightened uncertainty, the pace of US job ...
The U.S. economy is receiving a notable boost from artificial intelligence (AI) investment, not just through profits but from massive spending across infrastructure, utilities, and suppliers. Analysts ...
The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ...
US GDP growth appears strong, driven by AI-related capital expenditures, despite weakening consumer sentiment and slowing household spending. AI CapEx by hyperscalers now outweighs household spending ...
• A flurry of economic data released Tuesday after a blackout during the government shutdown paints a confusing picture of the US economy. • September wholesale inflation rose by 0.3%, keeping the ...
The National Gallery of Art in Washington is closed during the U.S. government shutdown. (Brendan Smialowski/AFP via Getty Images) The U.S. economy could lose between $7 billion and $14 billion as a ...
Director of the Center for Public Finance at the Baker Institute, Rice University The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is ...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ...
Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ...