American consumers in December remained downbeat about the state of the economy, a new survey shows. The Conference Board, a nonprofit group representing businesses, said Tuesday that its consumer ...
Treasury Secretary Scott Bessent said that it's been a "very strong" holiday season for the economy and predicted that the U.S. would end the year at 3% real GDP. Bessent said American consumers' ...
The puzzle holds high stakes for the U.S. economy as the calendar turns to 2026. Shoppers flexed their strength over a recent three-month stretch, powering the fastest quarterly U.S. economic growth ...
Discover how command and mixed economies differ, focusing on government control vs. private sector influence, supply and demand, and economic growth strategies.
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this ...
NPR's Ayesha Rascoe talks to Bankrate analyst Ted Rossman about consumer spending and debt, and what it tells us about the overall health of the economy. The American economy is a consumer ...
WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating. So what does it mean? Simply put, ...
For many people, the economy is a simple equation: paychecks minus expenses. When it feels like our incomes are growing faster than prices, the economy is in good shape. When they’re not, it’s ...
During President Trump's first term, the economy was a relative strength of his. During the 2024 presidential campaign, his promises to lower prices in a country grappling with post-COVID inflation ...
On the right side, you can see the upper diagonal heading up, while the one on the bottom falls to the ground. Now substitute upper-income Americans for the topmost diagonal, heading up and away, and ...
Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the ...