Tag: US economy

April 26, 2019

Shares edged lower in Europe on Friday following a lackluster day in Asia ahead of the release of U.S. economic growth data later in the day. Benchmarks fell Friday in Paris, London, Tokyo and Shanghai but rose in Hong Kong […]

December 13, 2018

Some 82% of chief financial officers say they see a recession beginning by the end of 2020, while nearly half see it even earlier, by the end of 2019. That’s according to a survey of US CFOs in the Duke […]

November 16, 2018

President Donald Trump’s trade war is already wiping out small American manufacturing businesses and it’s going to have a more negative impact on the US economy than most are expecting, say economists at Swiss banking giant UBS. Tariffs imposed by […]

November 12, 2018

A healthy job market is the backbone of any thriving city. Across a population, a strong labor market can create a virtuous economic cycle, reducing financial hardship, fueling consumer spending, and attracting new residents. The United States is in the […]

October 25, 2018

For the first time in a decade, Medicaid enrollment hasn’t grown in 2018. While enrollment into Medicaid, the state and federal program that covers medical care for some low-income Americans, slowed down in 2018, spending continued grew 4.2% compared to […]

September 7, 2018

US President Donald Trump may not be entirely done with his trade war against China, but it looks as though he already has another target in his sights: Japan. According to a report from the Wall Street Journal late on […]

August 28, 2018

Despite a strong economy, about 40 percent of American families struggled to meet at least one of their basic needs last year, including paying for food, health care, housing or utilities. That’s according to an Urban Institute survey of nearly […]

August 24, 2018

U.S. tariffs on Chinese imports will simply mean that American consumers have to pay higher prices for products down the road, an industry association leader said on Friday. “We’re having some serious problems with this tariffs situation,” said Rick Helfenbein, […]

August 23, 2018

U.S. economic growth will slow steadily in coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists, who expect President Donald Trump’s trade war to inflict damage. Boosted in part by $1.5 trillion of […]

July 25, 2018

On Friday, his prediction might come true — albeit briefly. Economists are projecting the gross domestic product will have grown between 4.1% and a whopping 4.9% when the second quarter estimate is released, up from 2% in the first quarter. […]

May 1, 2018

The slow but steady recovery from the Great Recession just hit a milestone: It’s tied for the second-longest economic expansion in American history. The recession ended in June 2009, which means the recovery is 106 months old through April of […]

March 6, 2018

Rising interest rates will soon have a devastating effect on our economy, mostly because of a single factor that hardly anyone is talking about. The 10-year Treasury yield is about to cross 3 percent, a rate not seen since January […]

February 23, 2018

Amid all of the US market’s recent turbulence, one running narrative has remained largely unchanged: The economy is still in great shape, despite whatever else is going on. UBS disagrees. It argues that beneath the seemingly stable veneer of the […]

January 26, 2018

The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction. The fourth quarter […]

December 6, 2017

Global stock markets mostly fell Wednesday following the latest retreat on Wall Street and as investors awaited a run of U.S. economic data culminating at the end of the week with the latest nonfarm payrolls report. KEEPING SCORE: In Europe, […]

November 30, 2017

The party’s almost over, Societe Generale strategists say. A strong earnings recovery and a growing economy have fueled investor interest in buying risky corporate bonds this year. Societe Generale’s credit strategists see 2018 as a transition year for the credit […]

November 15, 2017

The US economy is an enormous behemoth, made up of the 51 component economies of the states and Washington, DC. As international trade is an important part of the national economy, it’s also a big part of many state economies […]

September 22, 2017

Business Insider CEO Henry Blodget spoke with Bridgewater’s Ray Dalio about the current circumstances of the US economy. Following is a transcript of the video. Henry Blodget: On investing, you’ve recently written that risks are rising because of the political […]

September 15, 2017

Nine years ago, the US economy sank into a recession, the housing market crashed, and credit markets seized, bringing the banking industry to its knees. Businesses were going down. Workers were losing jobs. Americans were losing hope. For many, the […]

December 4, 2015

Fed Chair Janet Yellen said Thursday that economic data since October is consistent with the central bank’s expectations of an improved job market. In remarks prepared for delivery to Congress, Yellen also said the market is close to the central […]