Key Takeaways The U.S. economy has grown increasingly concentrated in AI, with the biggest tech companies now making up about ...

US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due ...

Inflation is lower than expected after President Trump’s steep levies.

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, ...

BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...

By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high ...

There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI.

Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United ...

In past shutdowns, estimates of lost economic activity have reached into the billions of dollars. In the context of a $30 trillion economy, that’s not a lot. But on the margins, economists say it can ...

The government has been shut down for nearly a month, and the impact is beginning to be felt by the U.S. economy.

The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify ...

Fed Chair Jerome Powell said the U.S. economy is growing at a slower pace this year. Powell said the Fed staff sees economy ...