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 ...
Trump’s tariff chaos threatens an economy already flashing yellow lights
Layoffs are rising. Consumer spending — the backbone of the economy — unexpectedly dropped in January. Consumer confidence has plunged. A key GDP forecast suddenly turned negative. And extreme fear is ...
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 ...
US economic growth slows in fourth quarter
U.S. economic growth slowed in the fourth quarter, the government confirmed on Thursday, and the loss of momentum appears to ...
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 ...
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 ...
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Bank of America Sees US Economy Strengthened by Productivity Growth
Bank of America (BofA) sees structural resilience in the US economy, driven by sustained labor productivity growth. The bank ...
Where the Stock Market Goes, the US Economy Will Follow
There’s an old Wall Street saying that “the stock market is not the economy.” That’s usually true. But, in this economic ...
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 ...