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The Economy Looks Strong. It's on Track to Keep Growing—Just Not as Fast.
Almost every indicator, from employment and income to business activity and retail sales, has painted a picture of a resilient U.S. economy over the past three months. But Thursday will provide a ... Read More
U.S. economic growth likely continued into 2024
New data out this morning is expected to show GDP grew at an annualized rate of 2.7 percent in the first three months of the year, as Americans kept spending. Read More
Wall Street tumbles after dispiriting data on the economy, as Meta sinks
U.S. stocks are tumbling Thursday after a dispiriting cocktail of data suggested both that the economy’s growth is flagging and that inflation remains higher than hoped. Read More
US Economy News Today: Consumers Think Next Six Months in the Economy Will Be Bumpy
Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ... Read More
Consumer Sentiment Stable as Economy Maintains Momentum
“The economy was resilient throughout 2023 ... about the political environment in the U.S. Hsu also warned Thursday that the recent stability in consumer perceptions could be thrown off as ... Read More
Consumers Turning Sour on Economy’s Future, Worried About Political Outlook
Consumer views of the current economy were little changed in March, though their outlook regarding the future worsened amid heightened concerns over the U.S. political environment. The March ... Read More
Is the U.S. in a "vibecession"? Here's why Americans are gloomy even as the economy improves.
The labor market is roaring ahead, wages are rising and inflation is slowing — all key metrics that economists point to as showing a resilient and strong U.S. economy. The problem is Americans ... Read More
What’s Wrong With the Economy? It’s You, Not the Data
The U.S. economy—by many measures—is doing great. But many voters think otherwise. Here’s what the data say about why voters feel so bad about the economy and what it could mean for ... Read More
Jamie Dimon warns inflation, interest rates may remain elevated
Yet the rapid rise in rates has not stopped consumers from spending or businesses from hiring, buoying hopes on Wall Street that the U.S. economy ... CEO interviews, market updates, tech and money ... Read More
Amazon CEO: Consumers are trading down on spending
Amazon (NASDAQ:AMZN) CEO Andy Jassy said consumers are trading down on average ... but still at a lower rate than what we see in a healthy economy.” On the enterprise side, he added, during ... Read More
The moon could get its own time zone. Here's why.
It added, "Knowledge of time in distant operating regimes is fundamental to the scientific discovery, economic development and international collaboration that form the basis of U.S. leadership in ... Read More
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