U.S. budget deficit swells to record $711 billion in first quarter of fiscal year

The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ... Read More

Robust US economy may not need Trump's big reforms

U.S. Treasury yields dipped while the S&P 500 ended slightly higher on Tuesday after data showed U.S. producer prices rose less than expected in December, but investors remained cautious ahead of U.S. Read More

U.S. Economy Grows at 3.1% Pace in Third Quarter, an Upgrade From Previous Estimate

U.S. Economy Grows at 3.1% Pace in Third Quarter ... The unemployment rate remains low at 4.2% even though it is up from the 53-year low 3.4% reached in April 2023. Inflation hit a four-decade ... Read More

The U.S. economy’s trust deficit

Rosy news about the economy’s performance ... More than a quarter of U.S. households now spend more than 95% of their income on necessities, leaving them vulnerable to even mild shocks and ... Read More

The U.S. economy’s trust deficit

But in our highly complex economy, characterized by specialization and interconnectedness, such observation is not always possible. On the contrary, many or even ... U.S., with only 18% of respondents ... Read More