History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ...
The extraordinary trade war President Donald Trump unleashed has been taking a toll on both the Chinese and American economies. While China’s economy is in a far more precarious state, mostly due to ...
America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. But hiring is at a standstill, inflation is rising, loan defaults are abundant and Americans ...
The shutdown is stifling our ability to grow,” said Grant Richardson, who founded a wine import company, Pangea Selections, in 2019.
There is a perception on Wall Street that “underneath strong economic numbers, there are crevasses of credit and valuation risks that are deepening and broadening,” wrote Macquarie strategists Viktor ...
President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame ...
Nearly two dozen days have passed since a federal agency has published an economic report. The US government’s shutdown has resulted in a blackout of critical data, further clouding an already opaque ...
The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.
President Donald Trump has spent much of the year urging the Federal Reserve to deliver aggressive rate cuts in order to boost the economy. But the government shutdown ironically threatens the very ...
Some political scientists see a pattern that suggests American democracy is being undermined in real time. The stakes are massive for the US economy and the business world.
The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ...
“The economy’s prospects are tethered to the fortunes and spending of the well-to-do,” Mark Zandi, chief economist at Moody’s Analytics, told CNN. “Those in the top 20% of the income distribution are ...