Economy News It’s The Economy That Matters Pce, Gdp, Durable Goods Employment Numbers

Resilient in face of tariffs, world economy forecast to grow 3.2%, OECD says

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

Are we in a K-shaped economy? Delayed employment numbers could reveal recession odds

The gap between the richest and poorest Americans is widening in what Federal Reserve Chairman Jerome Powell has called a “bifurcated economy,” as the cost of living skyrockets from housing to food ... Read More

How consumers feel about the economy as the holidays approach

New numbers from the Commerce Department show inflation is still elevated, but it doesn't appear to be getting worse. The Federal Reserve is expected to cut interest rates next week by another quarter ... Read More

Does the U.S. have a 'K-shaped economy'? What it means for you.

On the right side, you can see the upper diagonal heading up, while the one on the bottom falls to the ground. Now substitute upper-income Americans for the topmost diagonal, heading up and away, and ... Read More

US economy grows at fastest pace in nearly two years as spending roars back

Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ... Read More

U.S. Jobless Claims Fall Unexpectedly; Durable Goods Orders and GDP Show Strong Gains

New data from the U.S. Labor Department on Thursday revealed a surprising decline in first-time claims for unemployment benefits for the week ending September 20th. Initial jobless claims dropped to ... Read More