Economy News Rates Are Higher Because The U S Economy Is Much Stronger Than People Expected Stephanie Link

The Fed just cut rates: Here’s what it actually means for the economy

Ben Emons, Founder and CIO, FedWatch Advisors, breaks down what the Fed’s latest rate cut signals about the economy. Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

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

Data released Thursday reflects the resilience of the U.S. economy, even as concerns about the job market and inflation persist. U.S. economic growth, or the gross domestic product (GDP), reached 3.8% ... Read More

Economy growing at 'moderate pace,' Fed says, but weaker labor market justifies rate cut

The Fed on Wednesday said the economy "has been expanding at a moderate pace," but it also said the risks of rising unemployment and "uncertainty about the economic outlook" necessitated a reduction ... Read More

No one can seem to kill America’s economy, despite everyone’s best efforts

Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... 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

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More

The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year

Economists don’t expect the tide to shift anytime soon. Only one economist is forecasting faster job growth and a lower unemployment rate in the year ahead, Bankrate’s poll found. The majority (81 ... Read More

Fact checking Trump's recent claims about the economy

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's ... Read More

Consumer spending is strong — and the U.S. economy is all right

High tariffs, lingering inflation and more trouble finding a job apparently haven’t thrown consumers into a funk. Americans increased spending again in August to help keep the U.S. economy chugging. Read More

Here's When the Federal Reserve Is Expected to Cut Interest Rates Again, and What It Means for the Stock Market

The Federal Reserve just cut interest rates for the first time in 2025, as concerns mount over a sluggish jobs market. Policymakers and Wall Street analysts seem to agree that two more interest rate ... Read More

IMF Chief Sees Global Growth Slowing ‘Only Slightly’ in Face of Higher Tariffs

The global economy is holding up better than expected in the face of higher tariffs and greater uncertainty about relations between powerful countries and the implications of technological change, the ... Read More