U.S. economy

The U.S. economy shows a significant disparity where the top 10% spend nearly as much on non-essential items as the bottom 70% combined, according to Bank of America's economists. The analysis highlights a widening wealth gap in household spending patterns.

Paglia describes the expanding US economy as 'revolutionary' for kids. The article highlights economic growth and its impact on children.

Genesis has made a rival bid for Vault in a $3.9 billion deal. The article also mentions a cassiterite mineral processing unit at the Nyamyumba tin mine operated by Trinity Metals in Rwanda, as well as a decline in industrial metals linked to concerns about the US economy.

Latino-owned businesses added 180,000 new firms between 2017 and 2023, preventing a decline in U.S. business creation as white-owned businesses lost 140,000. Latino entrepreneurs generated more jobs and revenue growth than any other major racial or ethnic group, with the broader Latino economy approaching $4 trillion in annual output.

Treasury Secretary Scott Bessent addressed the recent disclosure of President Trump's crypto earnings and discussed developments related to the tax-deferred Trump Accounts, as well as challenges facing the U.S. economy. Bessent stated there's no appearance problem with Trump's crypto earnings.

The U.S. economy added 57,000 jobs in June, far below the 115,000 expected, with revised April and May figures showing 74,000 fewer jobs. The unemployment rate dropped to 4.2% as 720,000 people exited the labor force. Hiring trends varied by sector, with professional and business services gaining jobs and leisure and hospitality losing 61,000. Wage growth (3.5% year-over-year) lags behind inflation, and unemployment remains higher for African Americans and workers under 25.

The US economy added 57,000 jobs in June, below economists' estimates of 110,000. The unemployment rate decreased to 4.2%, lower than the predicted 4.3%.

The U.S. economy added 57,000 jobs in June, below the expected 115,000. The unemployment rate remained at 4.2%, consistent with the previous month's 4.3% expectation from the Dow Jones consensus.

The US economy added 57,000 jobs in June, below forecasts. Hiring slowed following a three-month period of overperformance.

The latest jobs report indicates a fresh blow to the US economy, signaling ongoing challenges in the labor market.

Thursday’s Labor Department report on June job changes will provide insights into the U.S. economy's health. The report aims to illustrate hiring trends in the U.S.

The key inflation gauge reached a 3-year high in May, driven by rising gas prices and AI-related costs. Apple increased prices on Macs and iPads due to chip shortages, while the U.S. economy grew 2.1% in Q1 2025. Mortgage rates remained near 6.5%, and consumer spending declined amid higher gas prices.

The top 20% of U.S. earners drive 60% of personal outlays, with their spending growth (8.3%) outpacing the bottom 80% (4.5%), as wealth tied to stock market valuations raises concerns about economic fragility. Moody’s chief economist Mark Zandi notes this 'K-shaped economy' persists, with the wealthy benefiting from asset gains while most Americans struggle with affordability.

A Gallup poll reveals that two in three Americans are experiencing financial hardship due to rising gas prices, which the article links to the impact of the Iran war on the U.S. economy.

The U.S. economy's GDP growth in early 2026 was revised upward to 2.1% from 1.6% in the prior estimate, primarily due to a downward revision to imports.

The U.S. economy grew at a 2.1% annual pace in Q1 2026, up from a prior estimate of 1.6%, driven by business investment in artificial intelligence. This rebounded from 0.5% growth in Q4 2025, which was impacted by a 43-day government shutdown. Consumer spending declined sharply, but the job market remained resilient with 188,000 monthly job gains from March to May 2026.

The U.S. economy grew at a 2.1% annual rate in January-March 2026, up from a prior estimate of 1.6%, driven by business investment in artificial intelligence and a resilient job market. The growth rebounded from a 0.5% contraction in Q4 2025 caused by a 43-day federal government shutdown, though consumer spending fell sharply.

The US economy expanded at a 2.1% annual pace from January through March, according to a revised report from the Commerce Department.

President Donald Trump visited a Mack Trucks facility in Pennsylvania, attempting to shift attention to the U.S. economy. This was his first major public event outside the capital since signing an interim agreement to end the Iran war.

President Donald Trump visited a Mack Trucks facility in Pennsylvania, aiming to highlight the U.S. economy. This was his first major public event outside the nation's capital since signing an interim agreement to end the Iran war.

President Donald Trump is visiting a Mack Truck facility in a battleground district in Pennsylvania, a swing state. The visit is his first major public event beyond the capital since he signed the Iran war agreement, with attention focused on the U.S. economy.

Alan Greenspan, the long-serving head of the Federal Reserve, was praised for the US economic boom but faced re-evaluation after the 2008 crash. He served under four presidents, including Ronald Reagan, George HW Bush, Bill Clinton, and George W Bush, and was known by nicknames like the Oracle.

Alan Greenspan, who led the Federal Reserve for 18.5 years under four presidents, died at 100 from Parkinsons Disease complications. His tenure included navigating the 1987 stock market crash and a period of economic expansion, though he later faced criticism for factors contributing to the housing bust and financial crisis.

Wholesale prices in May saw the largest consecutive increase since 2022, intensifying pressure on businesses amid ongoing U.S. inflation. The surge highlights challenges for businesses navigating another inflationary wave.

The U.S. added 172,000 jobs in May according to the monthly jobs report. President Trump highlighted his economic policies to farmers at an event in Wisconsin.

President Trump highlighted the stronger-than-expected jobs report as a sign of a booming U.S. economy, declaring it's 'raining jobs.' The U.S. economy added 172,000 jobs in May, exceeding economists' expectations, with the unemployment rate remaining steady at 4.3% according to the Labor Department.

The U.S. economy remains resilient despite tariffs and an energy crisis, as indicated by a strong jobs report showing continued economic activity.

The Iran war has caused a 33% oil price shock, but the U.S. labor market shows renewed strength with minimal employment risks compared to past energy crises. Federal Reserve Bank of Boston research indicates this shock would raise inflation significantly but have negligible effects on national employment, shifting central bank focus from stagflation to inflation risks.

Iowa is holding primary elections as voters consider the economy and President Trump's policies. Farmers in the state express concerns about the U.S. economy.

The 'Three A’s' are supporting the U.S. economy during the Iran war, but concerns remain about its fragility despite a strong bull market.

The U.S. economy grew at a 1.6% annualized rate in the first quarter of 2023, reflecting moderate expansion. The report indicates a mixed performance, with the economy avoiding a severe downturn but also not showing robust growth.

The main inflation barometer preferred by the Federal Reserve rose to a three-year high in April, potentially worsening before improving, posing challenges for households, businesses, and the U.S. economy.

Despite high fuel and gas prices and a majority of Americans perceiving the U.S. economy as poor, a record number of people are traveling this Memorial Day weekend, with summer travel showing no signs of slowing down.

Kevin Warsh is assuming the role of Federal Reserve chair during a challenging economic period that constrains his ability to implement disruptive policies. The timing presents a pivotal moment where the Fed faces limitations on its capacity to cut rates despite potential pressure to do so.

Retailers Ross, TJX, and Walmart are being analyzed as indicators of U.S. economic health. The article highlights that consumer spending drives approximately two-thirds of the American economy, making these major retailers key barometers of economic activity.

Kevin Warsh is set to be sworn in as the next Federal Reserve chair on Friday by President Trump, taking over the central bank during a critical period for the U.S. economy. The article highlights five major political and economic obstacles Warsh will need to navigate in his new role.

Swing voters in North Carolina express frustration with President Trump and economic conditions, yet remain reluctant to support Democrats as midterm elections approach. Despite growing anxieties about Trump's leadership, these voters have not committed to abandoning him or his party.

Treasury yields increased Thursday as market participants assess persistent inflationary pressures affecting the U.S. economy. The rise in borrowing costs reflects investor concerns about ongoing inflation and its impact on fixed-income securities.

Walmart is set to report its fiscal first-quarter earnings before market opening, providing investors with insights into the health of the U.S. economy. The earnings report will be closely watched by Wall Street analysts for indicators of consumer spending and economic conditions.

The article examines how Trump's policies are negatively impacting the economy, with rising inflation and disruptions from a major energy shock creating economic fault lines. The situation represents one of the largest energy-related economic crises in history.