Economy News The Grumpy Economy

How the economy flipped from a red to blue issue, according to exit polls

Back then, about two-thirds of voters said the economy was in bad shape, according to the results of the ABC News exit poll. Forty-seven percent of voters said their own financial situation was worse ... 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

A Month Without Data Muddles the Economic Picture

Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse. Read More

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. A bevy of recent reports also show ... Read More

A government shutdown is looming: How does it impact the economy?

A partial shutdown of the federal government may begin at midnight barring action by Congress on a spending bill to fund operations which could spark concern over the economic impact, although it's ... Read More

Government shutdowns usually don’t hurt the economy. This time could be different

Government shutdowns can be political earthquakes that paralyze Washington, DC. But for the economy, shutdowns are often barely a blip. Whatever economic damage occurs during that time tends to be ... Read More

Why soaring gold prices could be a warning sign for the economy

The safe-haven asset has soared more than 50% this year. Gold prices have soared more than 50% so far this year, delivering mammoth returns for traders holding the safe haven investment. But the ... Read More

Trade Tensions Weigh on IMF’s Outlook for Global Economy

Fed Chair Jerome Powell was speaking in Philadelphia before the National Association of Business Economics. Photo: Hannah Beier/Bloomberg News Tariffs, inflation and other threats such as eroding ... Read More