Economy News Summer Slowdown Could Be In The Cards For The Economy

Resilient in face of tariffs, world economy forecast to grow 3.2%, OECD says

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

Powell: Slowdown in U.S. hiring suggests economy still needs rate cuts

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Is the U.S. economy getting weaker? Here's what we know.

Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ... Read More

IMF Predicts Slowdown as Trump’s Tariffs & Volatility Impact the Global Economy

Donald Trump’s fingerprints are all over the latest global economic forecast of the International Monetary Fund (IMF)… and not in a good way. While much of the language in the 186-page document is ... Read More

Private Employers Cut Jobs in November, the Latest Sign of a Slowdown

Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown. Read More

China's Summer Slowdown May Spark Economic DéJà Vu

China’s industrial activity is moderating after a strong start to the year, as weak sentiment weighs on consumption and investment. Barring a strong turnaround in September’s data, we are likely to ... Read More

The Economy Shrugged Off Past Government Shutdowns, But This One Could Be Different

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy Federal Reserve Chairman Jerome Powell speaks during a news conference following the ... Read More