Economy News How Cooling U S Gdp Growth Affects The Global Economy

Charting the Global Economy: US Jobs Growth Tops Forecasts

US employment growth exceeded forecasts while the jobless rate ticked higher in September, illustrating a tenuous labor market that is unnerving American consumers. Read More

Economists talk slowing economy, labor issues, AI impacts at OKC forum

Economists told OKC leaders the U.S. and global economies are cooling, with inflation risks, modest job growth and growing AI impacts ahead. Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More

U.S. economy grows 3.8% on consumer spending

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter ... Read More

Government shutdown standoff could trim $14 billion from GDP, CBO warns

FIRST ON FOX: The U.S. economy could lose up to $14 billion in economic growth due to the ongoing government shutdown, a new analysis said Wednesday. The nonpartisan Congressional Budget Office (CBO) ... Read More

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given ... Read More

Will tariffs slow the U.S. economy in 2026?

The U.S. economy has largely weathered historically high tariffs so far this year, but a new study says tariffs will hit Americans in 2026. The Paris-based Organization for Economic Cooperation and ... Read More

U.S. retail sales slow sharply in September with core decline — Is this signaling tariff-induced inflation or a U.S. recession risk?

U.S. retail sales rose just 0.2% in September, missing the 0.4% forecast as consumers cut discretionary spending. Core retail sales, a key GDP input, fell 0.1% after a 0.6% August gain. Clothing ... Read More

The ‘S&P 493’ reveals a very different U.S. economy

A few trillion-dollar companies are powering the market’s gains. Here’s what’s happening to most other businesses in the United States. Read More