Economists expect GDP to benefit from numerous tailwinds, including lower interest rates, AI spending, and hefty tax refunds.
WASHINGTON (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of ...
Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ...
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 following is an excerpt from the forthcoming book, “Rethinking Economic Growth,” by Dan Varroney. The United States is the largest and most productive economy in the world, by a wide margin. But ...
ORLANDO, Florida, Oct 6 (Reuters) - The U.S. government shutdown is delaying key economic data releases, thickening the fog of uncertainty for policymakers and businesses, but they needn't worry. They ...
Global economic growth remains resilient, with AI-driven investment in the US offsetting trade conflict headwinds and supporting robust GDP performance. US tariffs have sharply shifted import sources, ...
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, ...
Fed report shows slight decline in employment in recent weeks Government shutdown hampered demand in some Fed districts, report says Policymakers divided heading into December 9-10 meeting Nov 26 ...