Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales.
Take these soft economic data points, combine them with the recent rise in the unemployment rate to 4.4%, add dovish ...
A separate survey last month also found that financial concerns are affecting holiday spending, with 26 percent of Americans ...
Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S ...
Key economic data was not gathered during the U.S. government shut down — casting a fog of uncertainty over the state of the ...
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.
AI spending is preventing a U.S. recession as markets face volatility, rate risks and uneven economic growth ahead of key ...
WASHINGTON (AP) — US economy shrank 0.5% in first quarter on import surge ahead of tariffs, a downgrade of earlier estimates.