News

US economy stays strong with robust data, resilient spending, and firm balance sheets. Growth to slow slightly but remains ...
Markets are acting as if the US will stave off a recession forever, with stock and bond investors showing unprecedented ...
For the second time in three years - and straddling two separate presidencies - heightened U.S. fears of recession have ...
The big pop is expected because the U.S. trade deficit fell sharply in the second quarter. A lower trade gap helps GDP. By contrast, a record trade deficit in the first quarter dragged GDP into ...
UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal ...
The current budget allocates $4.43 trillion or 63 percent to mandatory programs — largely social security and health care.
The Commerce Department's first reading of gross domestic product is expected to show the U.S. economy grew just 2% in the final three months of 2023.
Consumer spending, which accounts for about two-thirds of GDP, saw a solid increase during the second quarter. It rose 2.3% for the period, up from the 1.5% figure recorded the previous quarter ...
US economic growth, corporate profits revised higher in 2023 By Lucia Mutikani September 26, 20245:34 AM PDTUpdated September 26, 2024 ...