Economy News The Economy Looks Like It’s Growing That Could Be Another Wrinkle For The Fed

No one can seem to kill America’s economy, despite everyone’s best efforts

Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More

US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?

Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ... Read More

Treasury Secretary counselor says Fed rate cut is needed for the economy as worries continue about tariffs

The health of the US economy looks strong on paper, but Treasury counselor Joseph LaVorgna warns that high interest rates could become a headwind if the Fed does not act. “If monetary policy, by the ... Read More

Here's what gold crossing $4,000 is telling us about the U.S. economy

Gold is glittering for investors, with prices now topping a record $4,000 an ounce. But the reasons behind the shiny metal's surge may be less than dazzling, with Wall Street analysts saying it ... Read More

Fed's Goolsbee says central bank has other data options if shutdown disrupts economic reports

Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate data sources to consider at its October meeting if upcoming economic data is not released as ... Read More