CNBC Daily Open: U.S. economic slowdown still in the cards, Fed says - MSN

The Fed also sees economic growth slowing to 1.4% this year, down from an earlier estimate of 1.7%. In combination, both forecasts point to early signs of stagflation . Markets flat in U.S. but ... Read More

Americans are downsizing their summer vacations

Summer vacation spending is expected to drop by 25 percent this year as Americans cut back on travel plans because of economic uncertainty and rising inflation. Read More

Americans downsizing summer vacations amid economic uncertainty

Summer vacation spending is expected to drop by 25% this year as Americans cut back on travel plans because of economic uncertainty and rising inflation. Read More

Economic slowdown: Five takeaways from the new GDP report

The American economy’s latest report card indicates growth slowed during the first quarter of the year as the Federal Reserve continued interest rate hikes to try and tamp down inflation. The… ... Read More

The U.S. Economy Is Headed Toward an Uncomfortable Summer - MSN

The U.S. economy, which weathered false recession alarms in 2023 and 2024, is entering another uncomfortable summer. Job growth held steady in May, with the economy adding 139,000 jobs. The ... Read More

U.S. economy is facing a long-term slowdown, crimped by debt and ...

The U.S. economy could face slower economic growth over the next three decades due to weak population gains and increased government spending, the nonpartisan Congressional Budget Office said ... Read More

The economy grew in Q4. What does it mean for Fed rate cuts? - USA TODAY

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed plans for more rate cuts What to shop first 🛍️ What to know 📋 ... Read More

The US economy is about to hit a slowdown as Americans blow through ...

The economy is set to enter a recession the next quarter, according to Pantheon's Ian Shepherdson. That's due to shrinking savings & investment weighing on GDP growth, the chief economist said. Read More

What interest rate hikes mean for you and the economy - ABC News

But economists disagree about how much of the market downturn so far this year has come in anticipation of further hikes from the Fed. Since many investors already expected rate hikes like the 0. ... Read More

Credit card debt has reached a record high. Here's what it ... - ABC News

Credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve ... Read More

CNBC Daily Open: U.S. economic slowdown still in the cards, Fed says

Recent economic data suggest that the U.S. economy might have escaped from tariffs mostly unscathed. But the numbers might not reflect tariffs’ full impact yet. Read More