Economy News Consumer Spending, Strong Labor Market Keep U S Economy Ticking Along

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... 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

Powell says the stock market is helping support consumer spending. Here's why experts see risk.

Fed Chair Jerome Powell acknowledged Wednesday that the soaring stock market is helping support consumer spending — and the overall economy — right now. Read More

Consumers’ assessment of labor-market conditions adds to sense economy is surviving

The survey’s so-called labor-market differential, which measures the gap between the percentage of consumers who say jobs as “plentiful” and the percentage who say jobs are “hard to get” rose to 9.4 ... Read More

The Nation’s Biggest Banks Are Saying the Economy Is Still Strong

The nation’s biggest bankers proclaimed this week that the economy is sturdy, the U.S. consumer is healthy, and they haven’t seen much change in recent months. Yet they still sounded uneasy about what ... Read More

Is the U.S. economy getting weaker? Here's what we know.

Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ... Read More

A prolonged government shutdown could push the economy over the edge

The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the ... Read More

America can't spend its way out of a recession

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U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

Amazon Stands To Benefit From AI Even As Job Loss Harms The Larger Economy

Discover why Amazon.com is a top buy, with strong fundamentals and AI-driven growth boosting efficiency. Click for more on AMZN stock ahead of Q3 earnings. Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word ... Read More

Is the U.S. economy getting weaker? Here’s what we know.

If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ... Read More