U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’ about money?

In the U.S., major voices in finance from Jamie Dimon to Jerome Powell have sounded the alarm on outsized levels of public debt. At the latest count, the U.S. was sitting on a debt-to-GDP ratio of 121 ... Read More

U.S. economy grew at 1.6 percent annual rate in first quarter 2024, a sharp slowdown

The U.S. economy likely extended its recent boom, albeit at a slower clip, in the first three months of the year, fueled by free-spending Americans who have continued to shell out despite inflation. Read More

‘Extraordinary’ U.S. government debt may mean prolonged bond-market volatility

Roughly $27.5 trillion of debt issued by the U.S. Treasury is in the hands of the public, more than twice as much as 10 years ago and over six times as ... Read More

U.S. economy sees little growth in the first quarter of 2024

The U.S. economy posted a modest growth rate of just 1.6 percent in the first quarter of 2024. This rate is notably less than what was projected by analysts, ... Read More

US economy grew by just 1.6% in the first quarter, a much slower pace than expected

The US economy cooled more than expected in the first quarter of the year, but remained healthy by historical standards. Economic growth has slowed steadily over the past 12 months, which bodes well ... Read More

The U.S. economy slowed down in the first three months of 2024, report shows

The U.S. economy grew more slowly than expected in the first three months of the year. But consumers are still spending money — especially on services such as travel and restaurant meals. Read More