Economy News U S Economy Stabilized In August

U.S. economy has lost momentum over the past 2 months, Fed’s ‘beige book’ finds

Reports from across the U.S. indicate sluggish economic conditions in much of the country, with only three of the Federal Reserve’s 12 district banks reporting expanding activity in their regions, ... Read More

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More

Shutdown is costing US economy $15 billion a day, Bessent says

The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic ... Read More

U.S. Leading Indicators Continue to Show Weakening Economy

The U.S. economy faces a slowing economy amid growing concerns about the labor market, headwinds from tariffs and a weak manufacturing sector, according to a basket of economic indicators. The Leading ... Read More

Consumer spending is strong — and the U.S. economy is all right

High tariffs, lingering inflation and more trouble finding a job apparently haven’t thrown consumers into a funk. Americans increased spending again in August to help keep the U.S. economy chugging. Read More

US economy grew faster than expected in the second quarter

The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ... Read More

Fact checking Trump's recent claims about the economy

This month, there were mixed messages on the economy — Americans' consumer confidence slid to its lowest point since May, but this week, revised data showed that the U.S. economy grew at a strong 3.8% ... Read More

Trump Turns on Fox News Mid-Interview When Pressed on Slowing Economy

President Donald Trump turned on Fox News mid-interview Thursday to tell the network that it needs to fire its pollster, declaring that he “stinks.” The president, presented with survey results ... Read More

Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ... Read More

Fact checking Trump's recent claims about the economy

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's ... Read More