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US economy grew 4.3% in third quarter but inflation remains high

US economy grew 4.3% in third quarter but inflation remains high - Tuesday’s report is the first of three estimates the government will make of GDP growth for the third quarter of the year ... Read More

Fed Chair Should Lower Rates If the Market Does Well, Trump Says

Donald Trump said he expects his Federal Reserve chair to lower interest rates if the economy is doing well, the latest signal that the president is eager for a nominee committed to borrowing cost ... Read More

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

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

US economy: Donald Trump cheers 4.3% GDP surge! 'The TARIFFS are responsible for the GREAT...' - What America's President said

Outperforming expectations and accelerating past previous quarters, the US economy delivered a powerhouse performance in the third quarter. US Commerce Department data, delayed by the government ... 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 just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move. 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

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

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. 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