US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
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The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s ...
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy ...
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald ...
President Trump's plans for mass deportations has injected a sense of uncertainty and fear into L.A.'s large informal economy ...
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The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
While generative AI (GenAI) and other AI technologies have immense potential, businesses must look beyond conventional ...
Surging stock prices have fueled consumer spending, which has boosted economic growth. A market selloff could put a lid on ...
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