US Economy News Today: Economy Was 'Worst of Both Worlds' in First Quarter

Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's report on the Federal Reserve's preferred measure of inflation. Read More

Why Trump's push for a 1% Fed policy rate could spell trouble for US economy

A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said. Read More

US Economy News Today: What Will Tomorrow's Measure of ... - Investopedia

News; Economic News; US Economy News Today: ... of Economic Analysis—is expected to have grown at an annual rate of 2.2% in the first quarter, ... Reserve Bank of Atlanta’s GDP Now ... Read More

America’s economy performed slightly better in the first quarter than ...

The US economy shrank slightly less in the beginning of the year than previously reported, new data shows, but it was still the first quarterly decline since 2022, in a sign of how President ... Read More

U.S. economy went into reverse in the first quarter, new GDP data shows

Another key measure of the economy's health — known as final sales to private domestic purchasers — also rose 3% in the first quarter, edging up from 2.9% in the previous three months. Read More

The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.

The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared. Read More

Banks are turning more borrowers down for loans amid rising debt

Tighter credit leaves potential borrowers in a uniquely unpalatable position: Loans cost more, and it’s harder to get one. Consider the standard 30-year mortgage. Rates dipped below 3% at the ... Read More

US economy goes into reverse from Trump’s abrupt policy shifts

The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses. Read More

Recession Outlook: 4 Risks Could Sink US Economy As Inflection Point ...

Banks are not only less willing to lend; the cost of borrowing has become prohibitive. For example, the average monthly payment on mortgages and auto loans is up over 70% since 2019! Read More

The US economy just shrank for the first time in 3 years as ... - MSN

The last contraction was in the first quarter of 2022, which triggered fears of a recession that didn't materialize. It's also far below the growth rate of 2.4% in the last quarter of 2024. Read More