The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has ...
Jared Bernstein, the outgoing chair of the Council of Economic Advisers, says that Donald Trump is inheriting a strong ...
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...
The Federal Reserve defied Donald Trump’s demands for lower borrowing costs by keeping US interest rates on hold and ...
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...
Joe Biden leaves the presidency with what appears to be a sterling ... Inflation peaked above 9% in June 2022 and has stayed ...
If public opinion polls are the guide, Joe Biden has been the worst president since Richard Nixon. Here's why that may be ...
The pressure of US President Donald Trump on the Federal Reserve System (FRS) will only intensify, as any problems in the ...
A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.
The bottom half of the U.S. population — or about 65 million households — collectively own just 2.4% of the nation's wealth, ...
President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his ...