US economy expanded 2.8%, Fed on track to finally cut rates

GDP received a boost from consumer spending and business investment. The housing market recovery, however, regressed and was a small drag on the economy. Read More

US economy regains speed in second quarter; price pressures easing

The U.S. economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ... Read More

US Economy News Today: The Economy Grew More Than Expected in the Second Quarter

Despite signs of a slowdown in recent weeks, economic growth surprised economists by being higher than expected in the second quarter. Gross domestic product (GDP) was up by an annual rate of 2.8% in ... Read More

US economy grew faster than expected on strong personal spending

Gross domestic product increased at a 2.8% annualized rate in the April-June period after rising 1.4% in the previous quarter, the government’s initial estimate showed. The economy’s main growth ... Read More

Project 2025 Could Impact the Economy and Your Finances

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on ... first 180 days of the next Republican presidency. What ... Read More

US Economic Growth Reaccelerated in the Second Quarter, GDP Figures Show

The Gross Domestic Product, a measure of the nation’s economic output, grew at an annualized rate of 2.8% in the second quarter, up from 1.4% in the first and much higher than economists had expected. Read More

Let the Pros Play With the ‘Trump (or Harris) Trade’

Market sectors sometimes move when the political winds shift, but trading is hazardous for your financial health, our columnist says. Read More

Three ways Trump is trying to end the Harris honeymoon

At a moment of unprecedented turbulence in modern American political history, Kamala Harris is having a remarkably smooth ride. It may not last long. Tony Fabrizio, Donald Trump’s campaign pollster, ... Read More

MNI INTERVIEW: Worries Over US Jobs Weakness Overdone- Bullard

U.S. employment conditions are normalizing as expected after overheating for months in the post-Covid economy, and talk of a significant risk of recession is overblown, former St. Louis Fed President ... Read More

US economic growth increased last quarter to a healthy 2.8% annual rate

The U.S. economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of high interest rates. Read More

Impact of Biden's economic agenda may be felt long after his presidency

U.S. President Joe Biden may not have gotten much credit politically for the thousands of grants and public investments his administration showered across the country, with airport or road projects in ... Read More

DePIN Allows Us to Be Stakeholders in the Machine Economy

Over the past few years, robots have been taking on more and more roles in the economy, estimated to wipe out up to 375 million jobs by 2030. The ... Read More