Economy News The Us Economy Faces A New Threat

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More

Bank of America CEO cautions over middle class feeling the 'pinch' as economy faces new threats

Between inflation and the government shutdown, Bank of America's Brian Moynihan explains why consumers have to be "careful" when it comes to spending amid a strained economy. Read More

Trump’s new tariffs go into effect as US economy shows signs of strain

President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his ... Read More

Bank of America just dropped 5 bold predictions that could rock the US economy

A Bank of America report forecasts significant global economic shifts by 2030, driven by AI, clean energy, and intensified tech competition. While AI promises productivity gains, jobs will evolve, and ... Read More

Could the government shutdown tip the US into a recession? Experts weigh in

Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and strained budgets. Those direct effects will grow dramatically on Nov. 1, when ... Read More

Shutdown With No Clear End Poses New Economic Threat

The effect is rippling beyond missing paychecks to federal services that support much of the economy. By Lydia DePillis The economic effect of past government shutdowns has been straightforward. The ... Read More