U.S. economy
Coverage of U.S. economy in the Nexus archive.
- The US economy is running hot
The article asserts that the US economy is currently running hot and addresses concerns regarding economic weakness. It argues that isolated cool data points probably do not indicate a decline in overall demand.
- McKinsey senior partners: America’s growth strategy demands a health reset
McKinsey analysis warns that despite high healthcare spending, Americans face a widening gap between expenditure and health in 2050. The institute proposes that scaling proven preventive interventions, rather than pursuing speculative breakthroughs, could add 19 million years of healthy life by 2050 and boost the U.S. economy by approximately $3.2 trillion.
- Lost jobs, inequality, rogue agents: why are we accepting oligarchs’ AI agenda? | Robert Reich
The US economy faced several economic setbacks: it lost 23,000 jobs in July, and downward revisions to May and June job numbers showed a combined loss of 103,000 jobs. Furthermore, wage growth has slowed, with average hourly earnings increasing by only 0.1% from June.
- Pimco Sees Fed on Hold Through 2026 as Inflation Moderates
Pimco foresees the Federal Reserve maintaining a hold on rates through 2026 as inflation shows signs of moderating. Marc Seidner, CIO for non-traditional strategies at Pimco, noted that concerns regarding future inflation are less significant than many market participants believe.
- The U.S. economy is shedding jobs. Why that’s good news for stocks.
The article suggests that the U.S. economy shedding jobs could be good news for stocks. Specifically, a weaker labor market may allow the Federal Reserve to cut interest rates amid benign wage inflation.
- Haitians fear deportation as US revokes protected status
The Trump administration is pushing to end a humanitarian programme, prompting fears among Haitians regarding deportation as US revokes protected status. This policy shift could impact more than 1 million people and negatively affect the US economy.
- U.S. economy keeps up the momentum, but rising costs put a cap on new hiring
The U.S. economy grew at a robust pace in July, but rising costs due to supply shortages and inflation led companies to limit new hiring.
- Cerberus Seeks $4 Billion for Second Supply Chain Fund
Cerberus Capital Management, co-founded by Deputy Secretary of Defense Stephen Feinberg, is seeking to raise $4 billion for its latest supply chain fund. The fund focuses on investments critical to the US economy.
- Kevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instability
Fed chairman Kevin Warsh advocates reducing the central bank's communication about monetary policy, arguing it will allow markets to react independently. Wall Street and Goldman Sachs warn this could create uncertainty, destabilize markets, and lead to misinformed policy decisions. Jan Hatzius of Goldman Sachs highlights risks of market overreactions and policy delays due to reduced Fed transparency.
- An 130-year-old theory from an obscure Swedish economist explains why investors will keep funding America’s near-$40 trillion pile of debt
Knut Wicksell's 130-year-old economic theory explains why U.S. debt remains low-cost despite reaching $39.77 trillion, as investors accept lower returns due to confidence in America's economy and the dollar's global role. Deutsche Bank attributes this to the U.S. tech sector's high returns, which offset deficit risks, though concerns persist about long-term sustainability.
- America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year
The US economy grew at a sluggish 1.5% annual rate in Q2 2026, driven by consumer spending and AI-related business investment but weighed by rising imports. Mortgage rates hit a one-year high, with the 30-year fixed rate reaching 6.66%, while consumer confidence fell to 90.8 in July amid rising gas prices and geopolitical tensions.
- America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year
The U.S. economy expanded at a 1.5% pace from April through June, with rising imports weighing on growth. Mortgage rates reached their highest level in a year.
- Trump wanted interest rate cuts to be ‘Rocket Fuel’ for the economy. He is losing that fight so far
President Donald Trump has been advocating for interest rate cuts to stimulate economic growth, but rising rates persist despite his efforts. The Federal Reserve, led by Trump-appointed chair Kevin Warsh, has not provided clear guidance on reducing inflation, while higher borrowing costs are affecting mortgages, auto loans, and national debt servicing. Trump remains optimistic about the economy, but recent data shows slower growth and political challenges for Republicans ahead of midterms.
- U.S. economy slowed in the spring as Iran war weighed on growth — but consumers held up
The U.S. economy slowed in the spring due to the Iran war's impact on growth, but consumer spending increased by 3.2% and business investment remained strong, offsetting higher energy prices and rising imports.
- Trump announced a deal for Hamas to disarm. And, the U.S. economy slowed a bit
President Trump announced a deal for Hamas to completely disarm and for Israeli forces to withdraw from Gaza. The U.S. economy slowed somewhat, but Americans continued to spend.
- Trump announced a deal for Hamas to disarm. And, the U.S. economy slowed a bit
President Trump announced a deal for Hamas to completely disarm and Israeli forces to withdraw from Gaza. The U.S. economy slowed but Americans continued to spend.
- Morning news brief
President Trump says he may withdraw Todd Blanche's nomination. Trump claims a deal has been made to disarm Hamas and withdraw Israeli forces from Gaza. The U.S. economy is growing but at a slower pace.
- Breaking down the GDP report as U.S. economy slows
The U.S. economy slowed in the second quarter, with the Commerce Department linking the decline to the war in Iran. The Federal Reserve maintained interest rates despite three dissenting opinions supporting a rate hike, as discussed by Amna Nawaz and Greg Ip of The Wall Street Journal.
- AI-related imports prove to be drag on US growth
The US economy grew more slowly than expected in the second quarter due to AI-related imports, particularly semiconductors, despite strong consumer spending and business investment. Recent polls indicate 65% of Americans believe President Donald Trump’s policies have worsened economic conditions ahead of the midterm elections.
- US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
The U.S. economy grew 1.5% in Q2 2026, below the 2.1% Q1 rate, as rising imports reduced growth. Consumer spending rose 3.2% annually, AI investment surged, but inflation remained above the Federal Reserve’s 2% target at 3.7%. The Fed held interest rates steady despite dissent from regional presidents.
- U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
The U.S. economy grew at a 1.5% annual rate in Q2, below expectations, with June core inflation at 3.3%. The GDP shortfall was attributed to declines in federal government spending and inventories.
- US economy grew less than expected at 1.5% rate in second quarter
The US economy grew at a 1.5% rate in the second quarter, below expectations, as the slowdown is attributed to the ongoing impact of the Middle East war.
- U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
The U.S. economy grew at a 1.5% annual rate in Q2 2026, below expectations, with rising imports dampening expansion. Inflation, measured by the Fed’s PCE index, remained above 3.7% year-over-year, though it slowed slightly from May. The Fed kept interest rates unchanged, but three regional presidents dissented, advocating for rate hikes to address persistent inflation.
- U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
The U.S. economy grew at a 1.5% annual rate in the second quarter of 2026, slower than the 2.1% growth in the first quarter, with inflation remaining above the Federal Reserve's 2% target. The Fed left interest rates unchanged despite three regional presidents dissenting in favor of rate hikes. The economy showed resilience amid the Iran war and higher energy prices, with the job market adding 92,000 jobs monthly in 2026 compared to fewer than 10,000 in 2025.
- U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
The U.S. economy grew at a 1.5% annual rate in Q2 2026, below expectations and down from 2.1% in Q1. Inflation, as measured by the Fed's preferred PCE index, remained above the 2% target at 3.7% year-over-year in June 2026, though it slowed from 4.1% in May. The Federal Reserve held interest rates steady for the fifth consecutive meeting, despite dissent from three regional presidents advocating for higher rates.
- US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
The US economy grew at a 1.5% annual rate in Q2 2026, with consumer spending rising but imports reducing growth. Inflation, as measured by the Fed's PCE index, remained above the 2% target at 3.7%, despite a slight monthly decline in prices.
- US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
US jobless benefits filings rose to 197,000 last week, a 9,000 increase from the prior week, but remain historically low. Analysts had expected higher applications, and factors like the US-Iran war and rising oil prices are cited as potential threats to the job market. Companies including Verizon, UPS, Amazon, Disney, Starbucks, Walmart, and Microsoft have recently reduced their workforces.
- The US economy grew at an unexpectedly sluggish 1.5% pace from April through June
The US economy grew at an unexpectedly sluggish 1.5% pace from April through June, according to a report by the Associated Press.
- GDP grew so-so 1.5% in the second quarter, but don’t be fooled. The economy was much stronger than it looked.
The U.S. GDP grew 1.5% in the second quarter, but the economy showed stronger performance due to consumer spending and business investment despite the ongoing Iran war.
- Government report to show how US economy performed amid Iran war
The U.S. government is set to release a report on the economy's performance during the Iran war, indicating a slight slowdown in the second quarter.
- Economy is poised to show strong second-quarter growth — but only after a look under the hood
The U.S. economy showed robust growth in the second quarter despite inflation caused by the Iran war, though the latest GDP report may not clearly reflect this. The growth rate might be higher than initially apparent upon closer examination.
- Why Trump needs to renegotiate U.S.-Mexico-Canada trade agreement
The article argues that the president's use of tariffs has failed to boost the economy, and instead, the U.S. needs strong, mutually beneficial trade relationships. It highlights the need to renegotiate the U.S.-Mexico-Canada trade agreement.
- The "Howe" effect on the U.S. economy
A $6.4 billion bridge will open Monday, expected to boost the economy in Michigan, Ontario, Detroit, and Windsor by enabling faster exchange of goods between the U.S. and Canada.
- Dispute Over Trump Tariffs Snarls Russia Sanctions Deal
President Trump's unilateral push for tariffs to protect the U.S. economy from foreign competition has disrupted a Russia sanctions deal. The dispute highlights tensions over Trump's approach to shielding domestic markets.
- War and tariffs threaten a resilient U.S. economy again
The escalation of hostilities in the Middle East and the imposition of new tariffs on multiple countries are complicating the U.S. economy's outlook. These factors introduce familiar challenges to economic resilience.
- U.S. economy had begun to speed up — until Iran peace talks failed and oil prices surged again
The U.S. economy showed signs of acceleration before Iran peace talks failed and oil prices increased. S&P Global surveys indicate rising inflation and supply chain challenges.
- Watch: Are Trump's tariffs delivering on his objectives?
The article examines President Trump's tariffs on the US economy, exploring their impact, who bears the costs, and whether they achieve their intended goals. BBC's Samira Hussain analyzes these aspects in the report.
- Crypto industry to contribute $55B to US economy in 2026: NCA study
The crypto industry is projected to contribute $55 billion to the US economy by 2026, according to a study by NCA. This growth is expected to create 232,000 jobs across the US economy.
- US filings for unemployment aid fall to 187,000 last week, fewest since 1969
U.S. unemployment aid applications fell to 187,000 in the week ending July 18, the lowest level since 1969, despite global economic uncertainty and rising oil prices. The number of applications was below analysts' forecasts and indicates a historically low layoff rate, though concerns remain about potential long-term impacts from energy costs and geopolitical tensions.
- US filings for unemployment aid fall to 187,000 last week, fewest since 1969
US unemployment benefit applications fell to 187,000 in the week ending July 18, the lowest level since 1969, below analyst forecasts. Despite global economic uncertainty and rising oil prices, layoffs remain historically low, though analysts warn of potential long-term impacts from energy costs and geopolitical tensions.