The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession

Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ... Read More

Takeaways: If you’re confused about what’s next for the US economy, so is the Fed

The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the ... Read More

America’s economy defies gloomy expectations

America’s 1.4% annualised GDP growth in the first half of the year would be a happy surprise for many Europeans. And the 2% growth America has managed over the past year is better yet in comparison ... Read More

How bad is America’s economy, really?

It’s getting harder to argue that the US economy is in good shape. At least, not without a ton of footnotes, caveats and fine print. Read More

Economy 'On the Brink' of Recession by End of Year, Moody's Economist Warns

In an interview with Newsweek, Mark Zandi outlined the risks to the U.S. economy and how it could skirt—or slip into—a downturn. Read More

America’s job market flashes yet another warning sign about the economy

The US economy added just 22,000 jobs in August and the unemployment rate rose to 4.3%, the highest since 2021. Read More

Will Trump Have to Run From the Economy?

It’s the issue voters cared most about in 2024, and there are signs of trouble. By Jess Bidgood Last year, Donald Trump couldn’t stop talking about the economy. As a presidential candidate, he ... Read More

Here's why rate cuts might not end up boosting the economy

Fed rate cuts could cut into retirees' income and spark hesitancy among borrowers in the US, JPMorgan Asset Management's David Kelly said. Read More

Tariff chaos reigns and America’s economy suffers

Could most of the tariffs with which President Donald Trump has shocked the world actually be illegal? Sometime in the coming months, the Supreme Court might provide an answer. Meanwhile, the task of ... Read More

The A.I. Spending Frenzy Is Propping Up the Real Economy, Too

The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least. By Lydia DePillis It’s no secret by now, as investors ... Read More

The U.S. added just 22,000 jobs in August, confirming dramatic slowdown in the labor market

U.S. job growth has almost entirely ground to a standstill, according to government data released Friday. The Bureau of Labor Statistics (BLS) reported that the U.S. added 22,000 jobs in August, well ... Read More