US Economy Grows at Fastest Pace in Nearly Two Years on Consumer Spending

The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous ...

Treasury Secretary counselor says Fed rate cut is needed for the economy as worries continue about tariffs

Joseph LaVorgna, counselor to the Treasury secretary, argues that interest rates "cannot be a headwind to growth." ...

3 reasons the US can't count on wealthy Americans to keep the economy going strong

Wealthy Americans may not be able to power the economy with spending as much as some people think, BCA Research says.

Doomers Were Wrong: U.S. Economy Is Heating Up

Discover why strong consumer spending and GDP growth signal resilience for the US economy. Explore bullish insights for today ...

Consumer spending is strong — and the U.S. economy is all right

High tariffs, lingering inflation and more job worries apparently haven’t thrown consumers into a funk. Americans increased ...

Labor Dept. to delay economic data if government shuts down, putting Friday's jobs report in doubt

The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially ...

Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots

Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became even more expensive last month and services prices remained stubbornly high ...