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

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

The economy muddled along during the shutdown, the Fed found. Is another rate cut on tap?

Just two weeks before a pivotal meeting, the Federal Reserve said the U.S. economy has been just muddling along as of late. Read More

Rich people are spending. Everyone else is cutting corners.

The top 10% of earners now account for roughly half of all consumer spending, according to a report by Moody’s Analytics. That’s a historic high. Read More

Consumer confidence slides as Americans grow wary of high costs and sluggish job gains

U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown and amid weak hiring and stubborn inflation. Read More

Wait, I thought the economy was terrible. What happened?

“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More

Rate Cuts Aren’t Helping Poorer Families. It’s a Bad Sign for Consumer Spending.

The Federal Reserve has cut interest rates by a quarter percentage point twice this year, and investors are hoping that easier policy will help reinvigorate consumer spending. But that might not match ... Read More

S&P 500 Q3 2025 Earnings: AI Spending And Economy Fuel Market Risks

Forbes contributors publish independent expert analyses and insights. I write about investing, markets and Berkshire Hathaway. The third-quarter earnings season slows considerably following the second ... 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

Consumer spending is the U.S. economy's main driver. Here's how it's doing

NPR's Ayesha Rascoe talks to Bankrate analyst Ted Rossman about consumer spending and debt, and what it tells us about the overall health of the economy. Read More

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

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Stocks Rally on Positive US Economic News and Strength in Chipmakers

The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ ... Read More

US employers hit two-decade high in October job cuts

Employers across the nation cut more than 150,000 jobs last month in a 22-year high for October layoffs, according to a report released Thursday. At least 153,074 job cuts happened in October, marking ... Read More