Economy News Us Economy News Today What Will The Fed Chair Say About The Economy This Week

US economy flashes warning signs in new data, some analysts say

The jobs report on Tuesday "paints a sobering picture of a job market that may officially be turning frigid after a prolonged cooling period," Laura Ullrich, director of economic research in North ... Read More

US economy expands at a surprisingly strong 4.3% annual rate in the third quarter

Tuesday’s report from the Commerce Department said U.S. gross domestic product up from its 3.8% growth rate in the April-June quarter. Read More

The US may be gaining 60,000 fewer jobs every month than we thought

The U.S. economy likely gained an average of around 60,000 fewer jobs each month than previously reported between April and September, Federal Reserve Chair Jerome Powell said at a press conference ... Read More

Divided US Fed makes third straight rate cut, signals higher bar ahead

A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, flagging labor market concerns even as inflation remained elevated as President Donald Trump's tar ... Read More

Trump Gets to Pick a New Fed Chair but a Divided Board Still Gets a Say

President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it. Read More

How AI Could Reshape the Economy and the Job Market: Here's Fed Chair Powell's Perspective

Federal Reserve Chair Jerome Powell says AI spending is lifting growth and could help boost productivity, but raises questions about the impact it may have on the labor market. Read More

The Fed's Two-Day Meeting Ends Today—Here's What You Need to Know

The Fed is poised to cut rates despite divisions on the economic outlook and could signal a slower path for easing in 2026. Read More

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending a period of consensus that has defined Chair Jerome Powell’s leadership of the central bank. The ... 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

Donald Trump May Be About to Pick the Least Important Fed Chair in Decades

Unlike, say, Supreme Court justices, Fed officials tend to update their views often, more based on the business cycle than the electoral cycle. The Fed’s biggest weakness has been that all of that ... Read More