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

What could a potential government shutdown mean for the economy?

The federal government is hurtling toward a possible shutdown at a delicate moment for the nation's economy, as a hiring slowdown stokes recession fears and inflation proves difficult to fully contain ... Read More

As the shutdown drags on, here’s how it can drag down the economy

History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ... Read More

Would a government shutdown hurt the economy? Experts explain

The federal government is hurtling toward a possible shutdown Tuesday night. The federal government is hurtling toward a possible shutdown at a delicate moment for the nation's economy, as a hiring ... Read More

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight ... Read More

A Month Without Data Muddles the Economic Picture

Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse. Read More

Global Economy in Flux, Prospects Remain Dim

While the near-term forecast is revised up modestly, global growth remains subdued, as the newly introduced policies slowly come into focus The global economy is adjusting to a landscape reshaped by ... Read More

U.S. economy still struggling to adjust to tariffs, S&P finds, and there's one big danger sign

Trade wars have died down, giving the economy a chance to recover from a recent slowdown. The worst damage to the U.S. economy from the trade wars might be over, but businesses are still adjusting to ... Read More

UCLA forecasts ‘stagflation-lite’ economy with higher inflation and unemployment

This is read by an automated voice. Please report any issues or inconsistencies here. The U.S. economy will be hampered in the coming months by the Trump administration’s tariffs, which along with ... Read More

The U.S. economy grew more than thought in the second quarter

Data released Thursday reflects the resilience of the U.S. economy, even as concerns about the job market and inflation persist. U.S. economic growth, or the gross domestic product (GDP), reached 3.8% ... Read More

US economy grew 3.8% in 2nd quarter, far exceeding previous estimate

Consumer spending climbed, boosting growth, government data showed. The U.S. economy expanded significantly more than initially estimated over a recent three-month period, suggesting robust growth ... Read More