Economy News U S Economy And What It Means For You

Does the U.S. have a 'K-shaped economy'? What it means for you.

Upper-income Americans are doing better, while low- and moderate-income households are falling behind. Why does that matter? Read More

When Trump Says He Has ‘Solved’ Inflation, This Is What It Means for You

Understand what Trump’s claim about solving inflation means for your finances and how it could impact everyday costs and economic stability. Read More

Here’s the Good News and the Bad News. 4 Calls From a Top Economist.

Porcelli, who most recently served as chief U.S. economist at PGIM Fixed Income, joined Wells Fargo as chief economist on Nov. 3. He succeeds Jay Bryson, who retired this year. Barron’s spoke with ... Read More

When to expect key economic data after the shutdown and what it means for the Fed

It also may not perfectly capture what happened in the U.S. economy during the shutdown. Because data collection was suspended at the agency, two monthly jobs reports and a release on ... Read More

Trump downplays economic woes as partisan spin, saying, 'Costs are way down'

President Donald Trump continued to insist the economy is strong and even insisted polls showing Americans are feeling economic pain are "fake." ... Read More

The unprecedented government shutdown will weigh on a US economy already under stress

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 measure ... Read More

Here's the economic data to expect once the government reopens — and what it could mean for the Fed

With the U.S. government potentially set to reopen as early as Wednesday evening, a TD Securities team put together an overview of the pieces of missing economic data they expect to emerge first. "We ... Read More

Record government shutdown leaves an estimated $11 billion in permanent economic damage

The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy ... Read More

Shutdown impact: What it means for workers, federal programs and the economy

The federal government shutdown is quickly approaching the second longest on record with no end in sight. Some lawmakers are predicting it could become the longest, surpassing the 35 days from ... Read More