US economy grew much faster than expected in 2nd quarter

The U.S. economy grew much faster than expected over three months ending in June, accelerating from the previous quarter and defying concerns about a possible slowdown. U.S. GDP grew at a 2.8% ... Read More

US Economy News Today: Consumer Sentiment Declines Despite Easing Inflation Expectations

While data on consumer prices show inflation is easing, measurements of wholesale prices moved higher again in June, showing the Federal Reserve may still have more work to do before moving on rate ... Read More

US Economy Grew Faster Than Expected Last Quarter on Firm Demand

US economic growth accelerated by more than forecast in the second quarter, illustrating demand is holding up under the weight of higher borrowing costs. Read More

US Economy News Today: Inflation Slowed in May, Buoying Rate Cut Hopes

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy ... wait until inflation falls to their 2% target." Today's report ... Read More

The US economy faces a new threat

The biggest danger facing the American economy for years has been inflation. Now, another problem is emerging as a credible threat on the horizon: Unemployment. Read More

Economy Grew Slightly Better Than Forecast in Q1 But Is Still Slowing

The U.S. economy ... those where a contract to buy has been signed but the sale has not yet closed – fell 2.1% in May. Elevated mortgage rates and high prices have cast a pall over the housing ... Read More

UPS boosts volume in US for first time since 2022, but profit and revenue slide

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge. Shares ... Read More

US Economic Growth for Last Quarter Is Revised up Slightly to a 1.4% Annual Rate

US Economic Growth ... unemployment rate edged up for a second straight month, to a still-low 4%. At the same time, overall inflation, as measured by the government’s main price gauge, has ... Read More

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

That’s a big markdown. The economy appears to have accelerated slightly in the second quarter that runs from April until the end of June, however. Most forecasts suggest U.S. growth ramped up to ... Read More

How Trump and Biden plan to help the economy

Biden says he believes the best way to boost the U.S. economy is from the middle out and the bottom up. His economic plan has included the $1.9 trillion American Rescue Plan - a post-pandemic ... Read More

U.S. economic growth slows as consumers tighten their belts

U.S. economic growth slowed dramatically in the first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday. The figures ... Read More

This week in Bidenomics: What economy?

The state of the economy is almost always the most important ... started developing the COVID vaccines that rolled out during Biden’s first year. At the same time, the Federal Reserve ... Read More