Let’s Applaud the Good News for the World Economy

The good news is that the global economy appears to have avoided a protracted downdraft, something that looked like a reasonable outcome last year. The US doesn’t have to carry the world on its ... Read More

US Economy News Today: Economy Was 'Worst of Both Worlds' in First Quarter

Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's report on the Federal Reserve's preferred measure of inflation. Read More

Global economy set to stay on a roll for the rest of the year - Reuters poll

The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger ... Read More

Higher for longer interest rates hit the global economy

Apart from the US, where there are mounting concerns over the levels of government debt, major industrial countries are in grip of a marked economic slowdown. Read More

The economy seems weaker than advertised and inflation is still running hot—it’s the ‘worst of both worlds’

David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major setback for the economy and the Fed. Read More

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely. Read More

Uncertain future - the rise of the gig economy and how society needs to adapt

We face the future with a real sense of excitement and opportunity, but also with caution and uncertainty.”More than half of people working in the gig economy are facing financial hardship as a result ... Read More

Good Economy, Negative Vibes: The Story Continues

When it comes to economic news ... same about the national economy. Basically, Americans are saying, “I’m doing OK, people I know are doing OK, but bad things are happening somewhere out ... Read More

US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. Read More

The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?

That’s down from a robust 4.1% in the second half of last year. Most forecasters expect slower gains later this year. Read More

President Biden touts 'best economy in the world' in Easter Monday interview

President Biden touted the "best economy in the world" during an Easter Monday interview ... They want to change things. I’m optimistic, I really am," Biden responded. Roker followed up with ... 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