Economy News Us Economy Regains Momentum In Second Quarter Price Pressures Ebbing
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Fed's Schmid: Inflation risks remain, economy still showing momentum
WASHINGTON (Reuters) -Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high inflation and signs of price ... Read More
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
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
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