Economy News The Us Economy S Resilience Is Now Undeniable

Here's what gold crossing $4,000 is telling us about the U.S. economy

Gold is glittering for investors, with prices now topping a record $4,000 an ounce. But the reasons behind the shiny metal's surge may be less than dazzling, with Wall Street analysts saying it ... Read More

Cracks Emerge Beneath Market Resilience, Challenging Areas Of The U.S. Economy

Two recent high-profile bankruptcies of an auto lender and an auto parts company triggered loan loss announcements at a handful of banks. Read More

The US economy saw 'essentially no job growth' last month: Moody's

A leading economist is warning that job creation in the U.S. economy is slowing to a crawl as the ongoing government shutdown precluded the release of the September jobs report last week. Moody's ... Read More

US government shutdown will inflict temporary pain to economy

WASHINGTON, Oct 24 (Reuters) - A prolonged shutdown of the U.S. government amid a standoff over funding between Republicans and Democrats in Congress could dent economic growth in the fourth quarter, ... Read More

Major bank raises red flag on US economy — warns of 93% chance of recession based on ‘hard data.’ Here are 5 crucial money moves you need to make now

In tough economic times, everyone’s looking for financial advice they can take to the bank. It’s not as fun, though, when the bank talks back — especially if it’s delivering a major recession warning. Read More

Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring

Persistent worries about the higher cost of living and few job opportunities pushed consumer sentiment down to its seventh-lowest level in October, on records going back to 1952. Consumer sentiment ... Read More

‘Premature’ to conclude that Trump’s tariffs haven’t hit the global economy, the IMF says

Higher US tariffs have so far had a smaller impact globally than expected, but it would be “premature and incorrect” to conclude they have had no effect on economic growth, the International Monetary ... Read More

Champagne says world economy showing signs of resilience in face of U.S. trade war

WASHINGTON — Finance Minister François-Philippe Champagne said a new International Monetary Fund report shows while the global economy is showing resilience in the face of U.S. tariffs, trade ... Read More