Economy News Us Economy News Today Could Consumer Spending Stall Rate Cuts

Tariff policy, declining immigration and massive AI investments cloud the US economic outlook

Significant downward revisions to monthly payroll estimates in August led many market observers to anticipate the Federal Reserve would begin cutting interest rate cuts more aggressively. However, ... Read More

Banks see a resilient American economy despite unknowns with tariffs, inflation

While there are still uncertainties amid a struggling labor market that could slow down the economy, most bank leaders see the U.S. economy in a strong position, powered by consumers who ... Read More

Fed still poised to cut rates, but worries mount over US data vacuum

The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended the release of key data, a less-than-ideal situation ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy. Read More

US economy grows at fastest pace in nearly two years as spending roars back

Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ... Read More

US economy is already on the edge – a prolonged government shutdown could send it tumbling over

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) John W. Diamond, Rice University (THE CONVERSATION) The economic consequences of the ... Read More

Solid US Consumer Spending in August Underscores Economy's Resilience

WASHINGTON (Reuters) -U.S. consumer spending increased slightly more than expected in August as households went on vacation and dined out, keeping the economy on solid ground as the third quarter ... Read More

Consumer sentiment is back to near-record lows. But Americans are still spending. Here’s why

Americans are souring on the economy again to levels seen rarely in the post-World War II era, raising the question of what it means for spending, economic growth and other key metrics gauging the ... Read More

US economic growth revised up on strong consumer spending

The US economy grew faster than previously thought this spring, fuelled by robust consumer spending and falling imports, according to new government data. Gross domestic product (GDP), which measures ... Read More

Japan Says Economy Recovering but US Tariff Impact Seen in Auto Sector

TOKYO (Reuters) -Japan's government said on Monday that the economy was recovering moderately but that impact from U.S. trade policies was particularly evident in the auto industry. Although Tokyo ... Read More