Economy News The American Economy At A Crossroads Or A Resurgence

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

US economy grows at fastest pace in nearly two years as spending roars back

Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ... Read More

Would a government shutdown hurt the economy? Experts explain

The federal government is hurtling toward a possible shutdown Tuesday night. The federal government is hurtling toward a possible shutdown at a delicate moment for the nation's economy, as a hiring ... Read More

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

A key market data point is signaling fear about America’s economy

While the stock market hovers near record highs, a shift in the bond market is signaling mounting concerns about the economy’s health. A bevy of data this month showed the labor market is on shakier ... Read More

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

WASHINGTON 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 ... Read More