US economy is slowing, but still has momentum, former official says

The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. Read More

‘The sky is not falling’: US economy added 142,000 jobs in August

The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction. Read More

Positive Economic News Keeps Coming As Consumer Spending Beats Expectations

Some economic indicators that were previously trending ... "We think the soft landing is firmly in place," he said. The news comes on the heels of figures indicating that the prices shoppers ... Read More

America’s economy is wildly confusing right now. Here’s what’s really going on

New York CNN — Just 10 days ago, anxious markets were freaking out about the US economy, convinced that ... tight when the pandemic hit, sparking a surge in demand and, naturally, higher prices. Read More

Stocks Higher on Mixed US Economic News

US stocks today are slightly higher. US July housing starts and building permits fell more than expected to 4-year lows. In negative corporate news ... indicators on the economy are flashing ... Read More

More good economic news needed for markets to rally further, strategist says

More good news will be needed before markets start to ... “more consistent optimism” will be needed to drive a surge in markets. Back To Top ... Read More

US retail sales beat expectations on autos boost

Retail sales in the United States soared past analyst expectations in July ... market turmoil over fears that the world’s biggest economy was in worse health than anticipated -- but continued ... Read More

Equities surge on strong US consumer data

"But Thursday's numbers hint that the Fed might just pull off the impossible a soft landing, slowing the economy just enough to snuff out inflation without plunging us into a recession." ... Read More

Stocks Slightly Lower on Mixed US Economic News

US stocks today are slightly lower. Weak US housing news is weighing on stocks after ... US labor market and some leading indicators on the economy are flashing warning signs, and there are ... Read More

Charting the Global Economy: US Retail Sales Chugging Along

(Bloomberg) -- Brisk July retail sales along with fewer applications for unemployment benefits underscored a US economy with staying power as inflationary pressures gradually subside. Most Read ... Read More

Asian markets surge on strong US consumer data

The key Nikkei 225 index added nearly three percent following rallies on Wall Street, continuing a bullish run after stocks in Tokyo crashed Monday on worries about the US economy and a stronger yen. Read More

Global stocks surge as US expected to avoid recession

Global stocks surged after US retail sales data indicated the world’s largest economy ... expectations and follows growth of 0.7pc in the first three months of the year. Despite the good news ... Read More