Economy News Slower Wage Growth Might Be Good For The Economy, But Not Everyone Is Celebrating
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Steve Rattner: Why Trump’s economy is working for some Americans and not others
The economic analyst pulled back the curtain to explain why the economy appears to be working well for some but not others. Rattner noted that between 2024 and 2025, the U.S.'s gross domestic product ... Read More
Tired of slow wage growth? Here's who to blame

There's just one place that the good news doesn't seem to show up: wages, where growth remains, as the Washington Post recently remarked, "somewhat tepid." If employers are having such a hard time ... 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
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
Allison Schrager: How can an economy this good feel this bad?

On paper, these are good times for the U.S. economy. The latest GDP numbers show growth was at 3.3% in the second quarter. Business investment is up. The unemployment rate remains low, and the ... Read More
Economic Growth Revised Up: Good News for Workers, but Bad News for Mortgage Rates

The economy's growth in the second quarter of the year was much stronger than previously reported, a development that is good news for the labor market, but will put upward pressure on mortgage rates. Read More
Economic Growth Comes in Stronger in the Second Quarter

The U.S. economy surged by 3.8% in the second quarter, handily beating estimates and bouncing back from a contraction earlier in the year that was driven by companies stockpiling in advance of ... Read More
The Fed just cut rates. But relief might not come quickly enough for some Americans

The Federal Reserve cut interest rates on Wednesday for the first time this year, a move that could provide some relief for Americans from the higher cost of living. But there is a deepening ... Read More
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