US core capital goods orders rebound; consumer confidence deteriorates amid tariff worries
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rebounded 0.7% ...
Third-quarter GDP marked higher, jobless claims ease as US economy flexes muscle
Third-quarter gross domestic product (GDP) was revised higher Thursday following a substantially stronger projection for U.S. economic performance released Wednesday by the Federal Reserve. GDP ...
US applications for unemployment benefits come back down after last week’s big rise
The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before.
US economy eyes strong finish ahead of heightened policy uncertainty in 2025
The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing the ...
US jobless claims fell last week during holiday season volatility
Applications for US unemployment benefits fell last week after spiking earlier this month, continuing a streak of volatility ...
Fed slashes rates but signals slower pace of cuts in 2025 — Dow plunges more than 1,100 points
The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — ...
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The Federal Reserve lowers interest rates again -- but hints at fewer cuts next year
The Fed lowered interest rates by a quarter percentage point — but policymakers are projecting fewer rate cuts next year as ...
The Fate of This Federal Program Helps Explain Trump’s Win
When President John F. Kennedy signed the Trade Expansion Act of 1962, he said that “we cannot protect our economy by ...
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
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Trump plans to create a US bitcoin strategic reserve. How would that work?
To do that, the government may have to issue debt, although some proponents of a bitcoin reserve say the United States could sell ... purchases with profits on Federal Reserve banks' deposits ...
US consumer spending rises in November; monthly inflation benign
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...