President Joe Biden ordinarily would be viewed as having presided over a strong economy. High GDP growth. Low unemployment.
The U.S. economy continued its recent strong stretch this summer, bolstered by hefty consumer and government spending.
Analysis of the US economy in Q3 2024, with GDP growth at 2.7% and the Fed maintaining policy stance. Explore more details ...
The days of the pandemic-era “Great Resignation”— when employers struggled to hire and workers had their pick of jobs and the ...
US hiring in October was the weakest since 2020, reflecting the impact of severe hurricanes and a strike at Boeing Co.
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a ...
WASHINGTON, Oct 16 (Reuters Breakingviews) - With less than a month to go before the U.S. elections ... about the economy, and the rebound is not yet complete. Line chart showing change in ...
U.S. job growth slowed down ... "The big one-off shocks that struck the economy in October make it impossible to know whether ...
The Commerce Department's advance estimate of third-quarter gross domestic product also showed robust business investment in equipment last quarter.
Consumer spending contributed 2.5 percentage points to topline Q3 growth of 2.8% annualized. According to a separate report from the New York Fed, well-heeled millennials are driving consumer spending ...
US President Joe Biden said Friday that job growth in the world's biggest economy is set to bounce back next month, after a dramatic hiring slowdown on hurricane devastation and labor strikes.
Trump's tariff plans could lead to economic isolation, affecting global markets and increasing costs for American consumers.