US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling

The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a faster rate — sending the markets into a tailspin Thursday and clouding President Joe Biden’s sunny ... Read More

Mix of Slowing Growth, Firm Inflation Worries Investors

U.S. economic growth slowed in the first part of the year, falling short of economists’ expectations. Gross domestic product expanded at a 1.6% seasonally- and inflation-adjusted annual rate in the ... 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

Markets fall as investors worry about low economic growth and stubborn inflation rates

US stocks closed lower Thursday after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. Read More

Slow, but solid US economic growth anticipated in Q1; inflation likely heats up

U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations that the Federal Reserve would delay cutting ... Read More

Slow growth, inflation deliver economic double whammy to kick off ‘24

The latest economic data is likely to keep the Fed in an extended pause before moving the benchmark federal funds rate lower. Read More

Why Oil Prices Have Been Rising Recently

The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation. Source: FactSet By The New York Times ... Read More

NYT columnist rejects polls saying Americans struggling in Biden economy: 'I’m OK, people I know are OK'

New York Times columnist Paul Krugman shrugged off ... or at any rate blasé about it" when it comes to economic news. "Paul Krugman doesn't know any regular Americans, and so he and the rest ... Read More

Economic News

Growth will be driven by lower inflation and higher real wages. Global Economic Outlook 2024: Soft Landing, Turn of The Global Rate Cycle Balance Fiscal and Geopolitical Risks Scope Ratings ... Read More

High oil prices are biggest threat to economy

In other news - as the U.S. economy continues to get back on track, some economists say there’s one thing that could derail progress: surging oil prices ... From the New York Stock Exchange ... Read More

Good Economy, Negative Vibes: The Story Continues

When it comes to economic news ... Inflation surely contributes to bad feelings about the economy. New research by Harvard’s Stefanie Stantcheva confirms an old insight: When both wages and ... Read More

Global Economy

The Latest It's time to right-size the American understanding of China's comprehensive power. The U.S. remains tops by a wide margin in the wake of COVID-19, while other countries are grappling ... Read More