Economy News Higher Prices Or Higher Unemployment The Economy Could Face A No Win Dilemma

Why this government shutdown could be different for the economy

If the shutdown extends into a second month, then damage starts to accumulate pretty quickly," said Mark Zandi, chief economist at Moody’s, ... Read More

UCLA forecasts ‘stagflation-lite’ economy with higher inflation and unemployment

The UCLA Anderson Forecast released Wednesday predicts economic growth will slow next quarter as the costs of the Trump administration's tariffs fully take hold, leading to a 'stagflation-lite' ... Read More

Fed's Powell addresses economy pulled between risks to growth, jobs and prices

By Howard Schneider PHILADELPHIA (Reuters) -Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed's next meeting with the economy enjoying ... Read More

Shutdown With No Clear End Poses New Economic Threat

As Washington’s stalemate continues into its fourth week with no end in sight, it’s looking like this could become one of America’s longest funding lapses. During the previous record-holder, a 34-day ... 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

Government shutdowns usually don’t hurt the economy. This time could be different

Government shutdowns can be political earthquakes that paralyze Washington, DC. But for the economy, shutdowns are often barely a blip. Whatever economic damage occurs during that time tends to be ... Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More