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

The US economy expanded at the fastest pace in two years as wealthier Americans kept spending

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ... Read More

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

The U.S. economy economy expanded at a strong 4.3% annual rate from July through September as consumer spending, exports and government spending all grew. Read More

Spending helped drive 4.3% economic growth from July to September, delayed GDP report shows

Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone else. Read More

Why so many Americans dislike this fast-growing economy

Data this week showed that the American economy is growing at its fastest pace in two years — and yet polling shows the mood on Main Street is grim. Read More

U.S. Economic Growth Surged in Third Quarter of 2025

The consensus among experts is that growth in the fourth quarter and in 2026 will be positive, though likely less robust than the pace identified in the third quarter. Most major bank research teams ... Read More

Consumer confidence continues to fade despite heady economic growth

Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said. Read More

Shoppers are powering the economy even as they balk at prices

An acceleration of consumer spending helped propel the economic surge, the agency said. Consumer spending accounts for about two-thirds of U.S. economic activity. Shoppers opened up their wallets for ... Read More

US Economy Grows at Fastest Pace in Years With 4.3% GDP Gain

The US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer trade policies. Read More

The U.S. economy grew robustly as Americans continued to spend

The data, which was delayed from October by the government shutdown, comes as the economy takes center stage for voters and the Trump administration. Read More

The unprecedented government shutdown will weigh on a US economy already under stress

WASHINGTON (AP) — The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to ... Read More

Rich people are spending. Everyone else is cutting corners.

If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank. The top 10% of earners now account for roughly half of all consumer spending, according to a ... Read More

Stocks push higher on economic confidence and expected Fed rate cuts

Stock indexes are climbing today, with the S&P 500 and Nasdaq 100 posting 1-month highs and the Dow Jones Industrials posting a 3-week high. Optimism about the economic outlook and the prospects of ... Read More