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Signs of weakness are flashing in the housing market, job market, and in consumer and corporate finances, one economist says.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Investors are preparing for a crucial day of US economic data, with second-quarter GDP figures set to be followed by the Federal Reserve’s interest rate decision. The GDP figures are due out at 8.30am ...
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...
Markets are acting as if the US will stave off a recession forever, with stock and bond investors showing unprecedented ...
Looking under the hood, the deceleration appeared to be driven by investment activity, another sign that tariff-driven uncertainty is weighing on the US economy. Fixed investment increased at a weak 0 ...
Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.
The current budget allocates $4.43 trillion or 63 percent to mandatory programs — largely social security and health care.
The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, artificially juicing growth ...