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US economy expands 3% in second quarter, but headline growth number masks weaknesses
A category within the GDP data that measures the economy’s underlying strength weakened in the second quarter, expanding at a 1.2% annual pace, down from 1.9% from January through March and the weakest since the end of 2022.
The Federal Reserve's preferred measure of underlying inflation, the so-called core personal consumption expenditures price ...
The “One Big Beautiful Bill” passed, authorizing all sorts of tax and spending changes, all yet to actually happen.
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...
ICE raids and mass deportations could cost California $275 billion in lost wages and other funds, a report finds.
A flood of economic data out this week hinted that consumer spending is slowing and the labor market is softening. Also, more ...
The dollar is wrapping up its best month of 2025 as the world’s largest economy powers ahead and President Donald Trump inks ...
The Bank of Japan revised up its inflation forecasts and offered a less gloomy outlook on the economy than three months ago, ...
Cohn, a longtime tariff critic, says the economy looks good if you focus on topline data, but people are holding onto jobs ...
The rise of the cheap, daily newspaper in the 19th century remade how Americans engaged with the world.
Signs of weakness are flashing in the housing market, job market, and in consumer and corporate finances, one economist says.
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