An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...
Data this week showed that the American economy is growing at its fastest pace in two years — and yet polling shows the mood on Main Street is grim.
When jobs or inflation data counter President Donald Trump’s preferred economic narrative, he typically offers alternative statistics to shine a more positive light on the economy. But Trump’s latest ...
People feel like their dollars aren’t stretching as far as before, and the cost of living is rising beyond their means. There’s just one problem: That part is not true. Most Americans are getting ...
The Federal Reserve is expected to lower interest rates again today, though deep divisions remain within its influential rate-setting committee. Fed Chair Jerome Powell will hold a press conference at ...
The latest jobs report had its share of shutdown-related quirks, but a familiar theme cut through the noise: The US labor market is stuck in a rut.
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.
They are still adjusting to high prices that surged during years of runaway inflation that took place during former President Joe Biden’s term.
Most Americans don’t have faith that their political leaders care what they have to say. But if they had the chance to tell Washington something, a new CNN poll conducted by SSRS finds, they’d say ...
The November jobs report is landing at an odd time – on a Tuesday in mid-December, instead of (what’s usually) the first Friday of the month – due to the lingering impact of the historically long ...
Missed car payments, crowdfunding for groceries, prices rising on everything from rent to hummus — everyday signs that something in the economy feels...tense. But the official numbers, and even the ...
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit and shrinking energy revenues. But analysts say the Kremlin could weather the storm ...