When financial pressure builds, consumers tend to ditch high-end purchases and turn toward bargain retailers ...
Morgan Stanley's midyear outlook sees 2.3% US GDP growth in 2026 but warns the consumer is losing ground. Here is the key ...
Today, economists are looking forward to this week's inflation report and Federal Reserve officials are quiet during their ...
Inflation is the biggest risk to a U.S. economy that has shown "remarkable resilience" in the face of numerous challenges, and the job market is stable, Kansas City Federal Reserve ...
First quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with consumer spending led growth.
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
For the first time in three years, Americans’ wages are no longer outpacing inflation.
By Lucia Mutikani WASHINGTON, May 8 (Reuters) - U.S. employment increased more than expected in April, pointing to labor ...
The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the Commerce Department's estimate. The Bureau of Economic Analysis (BEA) on Thursday released its ...
U.S. economic growth rebounded in the first quarter of 2026, boosted in part by a recovery following the previous quarter’s government shutdown.
The US economy has proven more resilient than many feared, but one Wall Street veteran says that a recession is only being held back by tech. Jim Paulsen, a markets strategist with more than 40 years ...
The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since ...