Markets are acting as if the US will stave off a recession forever, with stock and bond investors showing unprecedented ...

For the second time in three years - and straddling two separate presidencies - heightened U.S. fears of recession have ...

The big pop is expected because the U.S. trade deficit fell sharply in the second quarter. A lower trade gap helps GDP. By contrast, a record trade deficit in the first quarter dragged GDP into ...

UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal ...

The current budget allocates $4.43 trillion or 63 percent to mandatory programs — largely social security and health care.

JPMorgan now sees US economic growth of 1.6% this year, down from a prior forecast of 1.9%. Morgan Stanley is now at 1.5%, down from 1.9%, while Goldman Sachs projects growth of 1.7%, down from 2.4%.

Consumer spending, which accounts for about two-thirds of GDP, saw a solid increase during the second quarter. It rose 2.3% for the period, up from the 1.5% figure recorded the previous quarter ...

US economic growth, corporate profits revised higher in 2023 By Lucia Mutikani September 26, 20245:34 AM PDTUpdated September 26, 2024 ...

The Commerce Department's first reading of gross domestic product is expected to show the U.S. economy grew just 2% in the final three months of 2023.