(NEW YORK) -- The U.S. economy shattered expectations in recent weeks, extending a run of overachievement that has quieted some of the most skeptical economists.Americans, however, remain sour. Less than 3 in 10 adults rate current economic conditions as "excellent" or "good," a Pew... Read More.
(ROCHESTER, N.H.) -- As his presidential campaign embarks on a strategic reset, Florida Gov. Ron DeSantis on Monday unveiled a broad economic agenda aimed at, among other things, severing the United States' business ties with China, ending "reckless" federal spending and fighting "woke" policies... Read More.
(NEW YORK) -- U.S. economic growth accelerated over three months ending in June, blowing past economist expectations and rebuking concern about a possible recession.The U.S. gross domestic product grew by a 2.4% annualized rate to finish the first half of 2023, according to government... Read More.
(NEW YORK) -- Alarm over a possible recession has blared for well over a year, but in recent months a cooldown of inflation alongside resilient job gains has quieted the din.Growing optimism among some forecasters that the economy could avoid a recession altogether, however,... Read More.
(NORTH CAROLINA) -- When Dorian Bolden began expanding his coffee shop, Beyu Caffe, in Durham, North Carolina, he says the most difficult part was securing funding as a Black business owner.“I recognize how we were not able to get funding the way I saw,... Read More.
(WASHINGTON) -- The White House is going all in on "Bidenomics" branding as the 2024 election cycle heats up.President Joe Biden is taking his economic philosophy, which emphasizes building the economy from the middle out and bottom up, on the road with the first... Read More.
(PHILADELPHIA) -- The collapse of a section of Interstate 95 in Philadelphia left Glenn Messinger scrambling to find new routes for 40 trucks that deliver food each day from a warehouse located a block away from the wreckage."It's a huge hassle," said Messinger, the... Read More.
(WASHINGTON) -- The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal Reserve has cooled business activity even as the stock and job markets have made gains.U.S. gross domestic product grew by a... Read More.
(NEW YORK) -- Anna Gifty Opoku-Agyeman, a graduate student studying economics and public policy at Harvard Kennedy School, who is Black, said she never would have entered the field if she hadn't met Lisa Cook.In 2017, then an undergraduate math major with little familiarity with... Read More.
(BELVIDERE, Ill.) -- Over a thousand automotive workers in Illinois will clock out of a Jeep assembly plant for the last time Tuesday, stopping what a local union president described as the "heartbeat" of the small city.In December, multinational automotive giant Stellantis announced that... Read More.
(WASHINGTON) -- Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom.The data for the final three months of 2022 will show whether the... Read More.
(WASHINGTON) -- Senate Budget Committee Chair Bernie Sanders said Sunday that he opposes eliminating the debt ceiling, the financial limit on the federal government that could produce fierce clashes if the GOP wins back one or both chambers of Congress in November's midterm elections."You... Read More.