Economy News Recession Fears Vanish As U S Economy Shows Staying Power

Shutdown would halt jobs report, key economic data amid recession fears

The federal government will stop producing key economic data if government funding elapses Wednesday, depriving policymakers and investors of crucial information amid deep concerns about the job ... Read More

This chart shows the U.S. labor market is running on fumes. Why that’s a risk for the stock market.

A weakening U.S. labor market is a risk for both the U.S. economy and markets right now. But the most closely watched numbers — the rate of new jobs created and the official unemployment rate — don’t ... Read More

Would a government shutdown hurt the economy? Experts explain

The federal government is hurtling toward a possible shutdown Tuesday night. The federal government is hurtling toward a possible shutdown at a delicate moment for the nation's economy, as a hiring ... Read More

The U.S. economy grew more than thought in the second quarter

Revised GDP data from the Commerce Department puts second-quarter economic growth at 3.8%. That could complicate things for the Federal Reserve, which tends to cut rates when the economy is struggling ... Read More