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 ...
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 ...
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 ...
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 ...
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 Can Be ‘Fabulous Economy’ With Tariffs, Trump Aide Says
The nominee to become President Donald Trump’s chief White House economist defended his boss’s decision to charge ahead with ...
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 ...
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 ...
US economy grew at 2.3% annual pace from October to December, 2.8% in 2024, unchanged from government’s initial estimate
US economy grew at 2.3% annual pace from October to December, 2.8% in 2024, unchanged from government’s initial estimate ...
US economy grew 2.3% in fourth quarter
The Commerce Department's second estimate of fourth quarter GDP showed the economy grew 2.3% at the end of last year, in line with expectations and the prior estimate.