A growing divide is reshaping U.S. households, as the post-pandemic recovery benefits the wealthy while leaving millions ...
Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
The latest gross domestic product report came in Thursday morning. It showed that last year ended with a moderating growth rate in the fourth quarter. But overall, GDP was strong in 2024, coming in at ...
The shocking strength of the economy helps explain the Federal Reserve’s Scrooge-like plans for interest-rate cuts next year. And the latest update on GDP over the summer offers another reminder. The ...
The U.S. economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending and steady business investment. Gross domestic product increased at a 2.8% ...
CINCINNATI (WKRC) - Consumer confidence has plummeted to its lowest level since January 2021, raising concerns about the potential impact on the economy. While traditional metrics like GDP and ...
The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...
The big news this past month is that GDP, or gross domestic product, contracted in the fourth quarter. Wednesday's release came in at minus 0.3% on an annualized basis, marking GDP's first decline in ...
As a result of tariffs, consumers pay more in higher prices than the government collects in additional revenue, and distributors and retailers see the rest in higher profit margins, while producers ...
The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.