When financial pressure builds, consumers tend to ditch high-end purchases and turn toward bargain retailers ...
AI companies are boosting the U.S. economy, but it doesn’t tell the full story about inflation, wages, and the labor market.
First quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with consumer spending led growth.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. Gasoline prices are displayed at a Mobil gas ...
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
May 14 (Reuters) - Inflation is the biggest risk to a U.S. economy that has shown "remarkable resilience" in the face of ...
The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since ...
U.S. economic growth rebounded in the first quarter of 2026, boosted in part by a recovery following the previous quarter’s government shutdown.
The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the Commerce Department's estimate. The Bureau of Economic Analysis (BEA) on Thursday released its ...
For the first time in three years, Americans’ wages are no longer outpacing inflation.
The US economy has proven more resilient than many feared, but one Wall Street veteran says that a recession is only being held back by tech. Jim Paulsen, a markets strategist with more than 40 years ...