The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast
The Atlanta Fed's GDP tracker now indicates the economy is headed for a 1.5% contraction in the first quarter, after showing ...
Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
The dreaded S-word: Stagflation concerns are creeping back into the US economic picture
Fears of a dire economic scenario have crept into the discussion recently, with top commentators this week expressing concern ...
Bets against US dollar growing on cooling US economy, prospect of trade war
US currency now almost 2 per cent below the post-election peak it reached before Trump’s inauguration. Read more at ...
How Trump’s tariffs could impact the US economy
ABC News’ Alexis Christoforous discusses the potential impact of U.S. tariffs on Canada and Mexico set to go into effect next ...
US Treasury's Bessent vows to re-privatize an economy that is 'brittle underneath'
U.S. Treasury Secretary Scott Bessent on Tuesday argued the U.S. economy is more fragile under the surface than economic ...
Mets owner Steve Cohen says he’s ‘negative’ on US economy, cites tariffs and Elon Musk’s DOGE cuts
Cohen, Point72 Asset Management founder, didn’t hold back during an appearance at the Future Investment Initiative ...
US economy expanded at 2.3% annual pace from October to December
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of ...
US Can Have ‘Fabulous Economy’ With Tariffs, Trump Adviser Says
The nominee to become President Donald Trump’s chief White House economist defended his boss’s decision to charge ahead with ...
Russia says it’s open to economic cooperation with US on rare earth minerals and energy
Russia says it is open for economic cooperation with the United States, including on energy and mining rare earth minerals.
Firings at US weather and oceans agency risk lives and economy, former agency heads warn
The people who once ran the federal weather and oceans agency say it touches people’s daily lives in unnoticed ways and that ...