Economy News U S Economy Will See More Things Break In 2025 If Rates Stay High, Strategist Says

US Treasury chief says government shutdown is hitting economy

The U.S. federal government shutdown is starting to impact the nation's economy, U.S. Treasury Secretary Scott Bessent said on Monday as the closure entered its 13th day. Read More

Will the federal government shutdown last long enough to hurt the U.S. economy?

A lengthy government shutdown would only complicate the employment picture and possibly further erode consumer confidence. Read More

No one can seem to kill America’s economy, despite everyone’s best efforts

Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More

The Fed faces economic uncertainty and political pressure as it decides whether to cut rates

The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates. Read More

Fact checking Trump's recent claims about the economy

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's ... Read More