News

Markets are acting as if the US will stave off a recession forever, with stock and bond investors showing unprecedented ...
U.S. economic growth likely rebounded in the second quarter as the flow of imports subsided, but with consumer spending ...
For the second time in three years - and straddling two separate presidencies - heightened U.S. fears of recession have ...
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 ...
The U.S. economy grew at a surprisingly robust 2.8% annualized rate in the second quarter, capping two years of solid expansion, despite some signs of softening. Gross domestic product for the ...
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 ...
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%.
The final first-quarter GDP estimate shows that the US economy was in much better shape than previously thought, thanks to resilient US consumers, though economists say that momentum has slowed in ...
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.