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US Economy News Today: Durable Goods Orders Higher in May, But Show Signs of Slowing Economy

She has logged thousands of hours interviewing experts, analyzing data, and writing articles to help readers understand economic forces. She is the Economics Editor for news at Investopedia. Read More

Fed’s favorite PCE price gauge set to show slower inflation and raise odds of rate cut

The first decline in consumer prices in four years is just a starter dish for the Federal Reserve. The bank’s appetite to cut U.S. interest rates won’t be fully sated until it gets more weak readings ... Read More

Great economic news overshadowed by debate over Biden’s fate

Instead, it appears that the great news on the economy has been overshadowed by the debate over Biden’s 2024 fate to such an extent that much of country hasn’t heard about it at all. Making matters ... Read More

How Is the Economy Doing?

The economy is expanding at a crisp pace, unemployment is low, inflation is slowing from its ... PCE), which is released monthly by the Bureau of Economic Analysis. The PCE follows the goods ... Read More

The Economy Is Good. Why Don’t People Know It?

Phrased crudely, the typical American lives and works under typical economic conditions. Read More

First-quarter GDP grew a soft 1.4%, but the U.S. economy might have more ‘spring’ in its step

The numbers ... GDP was largely the result of a bigger trade deficit and and slower growth in inventories or unsold goods. They subtract from GDP. Yet consumer spending, the main driver of the ... Read More

Will The Economy Matter for Trump, Biden at the Debate?

Will The Economy Matter at the Debate ... The World Bank earlier this month upgraded its global economic forecast for 2024 based mainly on the strength of the U.S. As for the stock market ... Read More

The good economic news this week was just that … good news

He added: “That is good news.” This week — with its multiple inflation reports, a Fed meeting, a new central bank rate cut timeline and economic projections, and a slew of ancillary data ... Read More

Weak durable-goods orders show manufacturers still stuck in mud

The numbers: Orders for durable goods ... of the economy. Big picture: Manufacturers are unlikely to make a big rebound until the Federal Reserve lowers interest rates and makes its more ... Read More

US May PCE deflators today kick-off a string of important US economic numbers

Disappointing and weak durable goods orders (especially the series used for GDP calculations) and a significant downward revision for personal consumption (1.5% Q/Qa instead of 2%) in the final ... Read More

What Is a Mixed Economy? Pros, Cons and Examples

Additionally, resources, goods and services are therefore directed where they are most useful. Another advantage of the mixed economy system is its capitalist approach to rewarding the hardest ... Read More

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