economy
Person shopping (Kinga Krzeminska/Getty Images) (NEW YORK) — The U.S. economy expanded more than economists expected over a recent three-month period, recording robust growth despite concerns about sluggish hiring and cash-strappped shoppers, federal government data on Tuesday showed. The U.S. economy grew at an annualized rate of 4.3% in the third quarter in the government’s […]
Men work in construction in Manhattan on December 16, 2025 in New York City. (Spencer Platt/Getty Images) (WASHINGTON) — The federal government released two major economic reports this week, easing a backlog of data pent up by the 43-day government shutdown. The data flashed some warning signs, showing the unemployment rate had ticked up to […]
Javier Ghersi/Getty Images (NEW YORK) — The U.S. economy expanded significantly more than initially estimated over a recent three-month period, suggesting robust growth despite uncertainty set off by President Donald Trump’s tariff policy, federal government data on Thursday showed. The U.S. economy grew at an annualized rate of 3.8% in the second quarter in the government’s final estimate, besting […]
Marko Geber/Getty Images (NEW YORK) — U.S. employers added far fewer jobs in 2024 and early 2025 than previously thought, indicating the labor market may have been significantly weaker than initial estimates had suggested. The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than previously estimated, the U.S. Bureau of […]
US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer (L) held a press briefing on the outcome of weekend trade talks with China in Geneva, Switzerland on May 12, 2025. (Photo by Beyza Binnur Donmez/Anadolu via Getty Images) (WASHINGTON) — The U.S. economy expanded more than expected as President Donald Trump’s tariffs […]
ilbusca/Getty Images (SAGINAW, Mich.) — For many in Saginaw, Michigan, a town less than two hours north of Detroit, the once-thriving hub for the auto industry is now a shell of itself. After several major factories closed in the county, the local economy has struggled to fully recover. “Some of the things that have plagued […]
Stephen Maturen/Getty Images (WASHINGTON) — While highlighting new and ongoing infrastructure investments across the country, President Joe Biden on Thursday continued to praise the recent GDP report that found the nation’s economy grew at a 3.3% annual pace — much more rapid than expected — and he gave credit to Americans for an economy that […]
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