High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
Category: United States Economy
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The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.
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Trump Eyes Bigger Trade War in Second Term
The former president’s past tariffs raised prices for consumers and businesses, economists say. His next plan could tax 10 times as many imports.
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Get Ready for the Debate Like an Economics Pro
What you need to know about the economy before Thursday’s showdown between President Biden and Donald J. Trump.
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Banks Could Weather Even Extreme Economic Tumult, Fed Finds
The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall.
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C.E.O.s Are Frustrated With Biden. That Doesn’t Mean They Embrace Trump.
Corporate executives complain about some of President Biden’s policies, along with his rhetoric. But so far they have not abandoned him en masse.
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Why Many CEOs Still Support Biden Over Trump
Corporate executives complain about some of President Biden’s policies, along with his rhetoric. But so far they have not abandoned him en masse.
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Fact-Checking Biden’s and Trump’s Claims About the Economy
We fact-checked claims about inflation, jobs and tax policy from both presidential candidates.
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New Home Construction Slows as Mortgage Rates Remain High
Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers.
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The Weird Housing Market, in 5 Charts
Home prices have held up better than expected amid high interest rates. But that doesn’t mean the housing market is healthy.
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U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years
Congressional Budget Office projections released on Tuesday show a grim fiscal backdrop ahead of tax and debt limit fights.
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Biden’s Stimulus Juiced the Economy, but Its Political Effects Are Muddled
Some voters blame the American Rescue Plan for fueling price increases. But the growth it unleashed may be helping the president stay more popular than counterparts in Europe.