Economy News The Future Of The Us Economy Is In The South

US unveils 'new G20' for 2026, excludes South Africa over 'politics of grievance'

The US announced a "New G20" for its 2026 Leaders' Summit, inviting Poland and excluding South Africa. Secretary of State Marco Rubio cited South Africa's prioritization of "spite, division, and ... Read More

How the K-Shaped Economy Is Hurting Everyone But the Rich

Talk of the K-shaped economy is brewing once again. The moniker first gained traction in 2020 to describe the divergence between how rich and poor Americans were experiencing the pandemic recovery. Read More

4 reasons the economy's worst-case scenario could be looming in 2026

Stagflation looks increasingly likely in 2026 as the economy looks on track to grow below-trend while inflation runs "uncomfortably" hot, RBC said. Read More

9 American States Reporting the Greatest Fear of Future Instability

Americans across the nation are grappling with unprecedented levels of fear about their future stability. The multiple crises facing the country today have created a perfect storm of anxiety, economic ... Read More

Government shutdown standoff could trim $14 billion from GDP, CBO warns

FIRST ON FOX: The U.S. economy could lose up to $14 billion in economic growth due to the ongoing government shutdown, a new analysis said Wednesday. The nonpartisan Congressional Budget Office (CBO) ... Read More

Kyla Scanlon Sees Trouble Brewing in the US Economy

Listen and subscribe to Everybody’s Business on Apple, Spotify, iHeart and the Bloomberg Terminal. How is the US economy doing? This should not be a difficult question to answer. After all, there are ... Read More

G20 declaration in defiance of US marks rare victory for multilateralism

By Tim Cocks and Andrea Shalal JOHANNESBURG/WASHINGTON (Reuters) -Born of crisis but torn by years of tensions among its members, the Group of 20 major economies scored a rare victory this weekend for ... Read More

G20 summit opens in South Africa without Trump

A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump's pointed absence. On Saturday, European leaders are ... Read More

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he ... Read More

The U.S. Economy Needs Immigration

Are you optimistic about the long-term future of the American economy otherwise? I’m reasonably optimistic. Good. Why? Why are you optimistic? We have had over the last 50 years nearly 2 percent ... Read More