US economy

Editor’s note: This article has been updated to add more details and context. The U.S. labor market strengthened in May as employers added 172,000 jobs, the Bureau of Labor Statistics reported Friday. The monthly increase in total nonfarm payrolls far outpaced the 85,000 mark economists had...

Moody’s Analytics Chief Economist Mark Zandi warned that the U.S. economy is growing below its potential, leaving it increasingly vulnerable to rising unemployment, persistent inflation and a broader slowdown. “The economy is growing, but at a rate below its potential, so the situation...

For much of the past year, investors have operated under a simple assumption. Inflation is gradually cooling, the Federal Reserve will eventually pivot to rate cuts, and the economy will settle back into a familiar low-interest-rate environment. Increasingly, the data is pointing in the opposite...

Marjorie Taylor Greene slammed the new Federal Reserve Chair, Kevin Warsh, in a social media post on Sunday. The Former Georgia Congresswoman said that placing greater emphasis on “trimmed mean” inflation would downplay the impact of rising food and energy prices on American households...

Editor’s note: This article was updated to add more detail and context. The Federal Reserve’s preferred inflation gauge rose further in April as the Strait of Hormuz energy shock continued to reverberate through the broader consumer basket, the Bureau of Economic Analysis reported...

Editor’s note: This article was updated to add more detail and context. Price pressures intensified further in April as the energy shock from the Strait of Hormuz blockade reverberated across the Consumer Price Index basket. The headline inflation rate climbed from 3.3% year-over-year in...

Editor’s note: This article was updated to add details and context. The U.S. labor market added 115,000 nonfarm payrolls last month, blowing past economist forecasts for 62,000, the Bureau of Labor Statistics reported Friday. The print marks a slight deceleration from the prior month’s...

Editor’s note: This article was updated to add more details and context. U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below...

Later today, Federal Reserve Chair Jerome Powell will hold what is probably the final meeting of his tenure. Yet, with the federal funds rate at 3.5%–3.75%, the final curveball isn’t the pressure from Washington, but a genuine stagflationary dilemma that leaves the central bank with no room...

Treasury Secretary Scott Bessent suggested that the economic growth of the current quarter might “be slower than it was” due to the U.S.-Iran war. Speaking to CNBC’s Sara Eisen on Wednesday, Bessent emphasized that the economy was in “such good shape” before the...

One of the clearest signs of consumer stress in 2026 may not appear first in bank earnings or headline economic data. It is showing up at the pawn counter. The latest fuel-cost surge in the U.S., which saw gas prices climb to $4.166 per gallon as of April 8, exposed the household strain. Per...

The Bureau of Labor Statistics (BLS) and the Institute for Supply Management (ISM) have officially responded to accusations that the massive divergence in their March service-sector employment data exposes a fundamental flaw in U.S. economic reporting. Both agencies are pushing back against claims...

Economic momentum in the United States is no longer moving in one direction — it is fragmenting. The Fed’s latest Beige Book paints a picture of a two-speed economy: five out of twelve Fed Districts now reporting flat or declining activity — up from four last time. Beneath the surface, the...

U.S. heavy vehicle sales are one of those unglamorous but powerful leading indicators. When fleets are confident about freight demand 6 to 12 months out, they order trucks. When they're nervous, they slam the brakes on capex. The 2025 market saw a retreat, even if the pace of decline has shifted....

November's delayed jobs report failed to deliver the clarity investors were looking for. Instead, it widened the divide among Wall Street economists debating whether the U.S. labor market is simply cooling or quietly starting to crack. At the center of the debate is a simple but consequential...