Retail sales are growing about 4%, that's in line with the pre-COVID trend line. Services spending, which is spending on ...

U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending.

The US economy was on shaky footing even before President Donald Trump plunged the United States into a war with Iran, a battery of new data released Friday showed.

Market participants, analysts, and economists have all been looking for signs of a recession since 2022. An economic hard landing following the post-COVID boom seemed almost inevitable, given the ...

WASHINGTON (AP) — The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ...

For months, economists have been worried that the U.S. was on the cusp of a recession, with a weak labor market despite relatively stable economic growth. The feeling was that a l ...

The policy blueprint — which sets out China’s economic strategy for the years ahead — was approved on Thursday by the National People’s Congress in Beijing. Chapter 15, titled “Vigorously Boosting ...

WASHINGTON (AP) — Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Eilon Paz / Bloomberg ...

This is read by an automated voice. Please report any issues or inconsistencies here. Powered by strong consumer spending, the U.S. economy grew at the fastest pace ...