Economy News Sticky Inflation Is Still High But That Is A Good Sign For The Health Of The Economy

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

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. Read More

Retail sales are strong for the third month in a row. Economy still seems to be in pretty good shape.

Don’t bet against the American consumer, a Wall Street saying goes. The latest increase in retail spending may prove the point. Retail sales rose strongly in August for the third month in a row, a ... Read More

Fed's Bostic says inflation risks still present in US economy

Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy, although he noted that thus far President Donald Trump's import tax hikes ... 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

Is the Economy as Healthy as Trump Claims?

As the Fed meets, we examine the nation’s economic health. By Colby Smith I cover the Fed. The Federal Reserve is set to cut interest rates today. That will likely please President Trump, who has been ... Read More

Inflation threatens to swamp Trump politically

President Donald Trump is facing political pressure over too-high inflation, in what could be a key challenge for Republicans heading into the midterm elections next year. Inflation under former ... Read More

Bitcoin Climbs as Economy Cracks — Is it Bullish or Bearish?

Bitcoin BTC $115,592.08 is about 4% higher than it was a week ago—good news for the digital asset but bad news for the economy. The recent negative tone of the economic data points from last week ... Read More

Fed's Bostic Says Inflation Risks Still Present in US Economy

(Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy, although he noted that thus far President Donald Trump's import ... 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