Economy News What’s Going On With The U S Economy

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure ... Read More

Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy

Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned. Read More

Government shutdown costing the economy billions of dollars each week

Estimates of the economic hit from the U.S. government shutdown put the losses at up to $16 billion every week the impasse continues. Read More

US economic data will not include jobless rate for October, Hassett says

Data on the U.S. unemployment rate for October may never be available after the weeks-long federal government shutdown, White House economic Adviser Kevin Hassett said on Thursday as federal workers ... Read More

Trump downplays economic woes as partisan spin, saying, 'Costs are way down'

President Donald Trump continued to insist the economy is strong and even insisted polls showing Americans are feeling economic pain are "fake." ... Read More

Trump’s flailing on the economy is worse than Biden’s

President Donald Trump’s recent commentary on the economy is drawing plenty of comparisons to then-President Joe Biden, but he seems to have a bigger political problem, for several reasons. Read More

How the U.S. economy is defying gravity—and how insights into human behavior help us understand why

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. Here’s why. Read More

What’s going on with U.S. tariffs on the world’s No. 2 economy

The Fed's monetary-policy makers are working to figure out the economic impact of the Trump administration's tariffs, and a key factor on that front is the size of the import taxes levied on Chinese ... Read More

Top Trump Economic Aide Says We May Never Know October Jobs Data: We Could ‘Concoct Something’

Kevin Hassett, director of the National Economic Council, claimed that federal jobs data from October may never be retrieved, thanks to the government shutdown. The post Top Trump Economic Aide Says ... Read More

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Americans are increasingly voicing concern about the shutdown's impact on the U.S. economy, as a big majority feel Congress isn't even working to try to end it. There's also increased worry from ... Read More

Hicks: What's going on with the economy?

The stock market continues to do well (subject to day-to-day presidential musings) and GDP growth is strong, while nearly every other measure of economic activity has stagnated or is in deep decline. Read More

Hicks: What's going on with the economy today?

Tariffs are negatively affecting the U.S. economy, causing job losses in manufacturing and price increases. The stock market's growth is heavily concentrated in a few artificial intelligence-related ... Read More