US Economy News Today: What Will Tomorrow's Measure of Economic Growth Tell Us?

Today, mortgage application rates fell after two consecutive weeks of growth and economists look ahead to tomorrow's measure of economic growth. Read More

We have more insights as to where the economy is headed — and it's not good

Inflation rearing its ugly head again proved problematic for the market. Read More

Confounding US economic, inflation data cloud Fed's rate path

The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with ... Read More

Banks restrict mortgage loans in key areas

Two of the biggest banks are restricting mortgage loans in boom areas where they fear the housing market could collapse. NatWest and Alliance & Leicester are limiting the amounts that can be ... Read More

U.S. economic slowdown continues, government reports

The Bureau of Economic Analysis on Thursday reported that the U.S. gross domestic product grew by an annualized rate of 1.6% in the first quarter of this year. Read More

Banks are extending office loans. Are they also pretending?

This ended a slowdown in growth ... that about 40% of banks’ CRE loans maturing this year are actually ones that were supposed to mature in 2023. This is a good news-bad news situation. 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

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

US Economy News Today: Higher-For-Longer Interest Rates Push Homebuyers Into Market

Today, the Federal Reserve will get their briefing ahead of their meeting at the end of the month and mortgage applications rose as homeowners anticipate interest rates staying higher for longer. Read More

Welcome to the 'tepid twenties,' a decade of sluggish growth and rising debt, IMF chief says

"Without a course correction, we are indeed heading ... US' post-pandemic economy has largely been a story of success, its rebound stands in stark contrast to a wide-spread slowdown, with low ... Read More

Rate Chokehold on World Economy Is Set to Loosen Only Slowly

The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation.Most Read from BloombergIsrael Versus Iran — W ... 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