Economy News Despite Resilient U S Economy, Some Pessimistic

U.S. economy speeds up after government shutdown as businesses turn more optimistic

The U.S. economy grew in November at the fastest pace in four months, new surveys showed, and businesses turned more optimistic about the future following the end of the federal government shutdown. Read More

Banks see a resilient American economy despite unknowns with tariffs, inflation

Wall Street had one of its most profitable quarters despite uncertainties facing the American economy that include erratic trade policy and steep tariffs from the White House and geopolitical upheaval ... Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word ... Read More

JPMorgan Chase Chief Executive Jamie Dimon says U.S. economy resilient despite 'signs of a softening'

JPMorgan Chase & Co. Chief Executive Jamie Dimon said each line of business of the bank performed well in the third quarter in the face of a resilient U.S. economy that shows some signs of softening, ... Read More

U.S. Economy: A Dismal Outlook If The AI Narrative Falters

Equities remain resilient despite some negative headlines, with stocks hitting record highs even as the government shutdown drags on and political dysfunction is becoming all too evident. The current ... Read More

U.S. Bank and peers see strong economy as resilient consumers continue spending

Banks are turning out big profits and touting the resilience of the American consumer, even as industry concerns have popped up lately about potential risks lurking in the economy. At ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More