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US retail sales increase strongly; softening labor market a headwind
U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to ... Read More
US second-quarter GDP revised higher as businesses boost investment in AI
GDP increased at a 3.3% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its second estimate. The economy was initially reported to have grown at a 3.0 ... Read More
US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars. In an upgrade from its first estimate in July, the ... Read More
US GDP Growth Revised Up To 3.3% In Second Quarter
US economic growth was stronger than estimated in the second quarter of the year, government data showed Thursday, as President Donald Trump's fresh tariffs distorted trade flows. The Barron's news ... Read More
US unemployment rate near 4-year high as labor market hits stall speed
U.S. job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market conditions were softening and sealing the case for a ... Read More
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