Economy News Us Economy News Today Inflation Signals Get Even Murkier On Hotter Than Expected Increases

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

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given ... Read More

Reading mixed signals in a fragile economy

Federal Reserve cut interest rates last week, but the decision was far from unanimous. Two members of the Federal Open Market Committee dissented, an unusual occurrence that reveals deep disagreement ... Read More

Consumer Price Index shows slightly cooler-than-expected inflation in September

The Consumer Price Index rose 0.3% M/M in September, just under the 0.4% consensus and a tad cooler than the 0.4% increase in August, according to data released by the Bureau of Labor Statistics on ... Read More

Trump’s economy hasn’t blown up under tariffs like many experts predicted — even US inflation is steady. Is he really proving the naysayers wrong?

Both President Trump and his critics have described America’s ongoing trade war as a major overhaul of the global economy. However, we’re now several months into this volatile conflict and the impact ... Read More

Americans more worried about finding jobs as inflation persists under Trump

Nearly half of Americans lack confidence in finding a good job under Trump, a new AP–NORC poll shows. Inflation and rising costs for essentials are fueling widespread financial stress. Trump’s low ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More

The economy is slowing and inflation is growing. Here's how to prepare.

Perhaps the most insidious aspect of the slowing economy is what economists call the K-shaped pattern. The rich are getting richer while the middle class shrinks and the poor get poorer. Some folks ... Read More

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

Most Americans rate the US economy poorly: Poll

Nearly three-quarters of Americans surveyed say economic conditions are poor or fair, according to a poll from the Pew Research Center. The number of respondents who said they feel this way, at 76 ... Read More

The US economy added 42,000 private-sector jobs last month, more than expected

(CNN) — The latest — and only — comprehensive look at the health of the US labor market showed Wednesday that the economy added an estimated 42,000 private-sector jobs last month. Payroll processing ... Read More