Jerome Powell said “don’t know” 17 times during the conference as he praised the economy’s resilience—but flagged rising inflation, stalled job growth, and an unpredictable oil shock from Iran.
The U.S. economy appears to be resilient on the surface, but a new UBS report shows that the foundation underneath is ...
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
The U.S. economy, hobbled by last fall's 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October ...
The fourth-quarter number was half the government’s first estimate of 1.4% as economists had expected the revision to go the other way.
Trump officials say the Iran war could end in weeks; oil futures signal falling prices. See what it means for energy markets, ...
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the ...
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 nation's gross domestic ...
The U.S. grew at a slight to moderate clip early in the new year, the Federal Reserve said, but “uncertainty,” higher prices and severe winter weather held the economy back.
The U.S. economy was in worse shape in the weeks before the U.S. and Israel launched strikes against Iran than earlier ...
I don’t expect it to change because of the latest disappointing numbers on jobs, fluctuations in the gross domestic product ...
The U.S. economy has shown resilience in the face of President Donald Trump’s policies, but the war with Iran has driven up oil and gas prices and clouded the economic outlook.