It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
Category: United States Economy
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Stock Markets Signal Recession Fears. Here’s the Economic Outlook.
The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.
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Trump Blames Biden and Harris for Global Market Sell-Off
Former President Trump is trying to stoke economic angst, while Vice President Harris projects optimism.
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The Next Month in the Economy Could be Crucial for the Presidential Election
Former President Trump is trying to stoke economic angst, while Vice President Harris projects optimism.
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As Stock Markets Tumble, Traders Wonder if the Fed Could Make an Emergency Rate Cut
The Federal Reserve only cuts rates outside of scheduled meetings in extreme cases. Some investors think this could merit an emergency move, though others doubt it.
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Stocks, Bitcoin and Other Assets Melt Down Again Worldwide
Fears of a hard landing are rocking global stocks again as stocks, oil and cryptocurrencies sell off.
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Markets Around the World Are Rattled by Fears of Slowing U.S. Growth
Stocks in Asia tumbled, led by Japan, where declines triggered “circuit breakers” meant to calm rapid moves. European and U.S. markets were set for declines.
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Berkshire’s Cash Stockpile Soars as It Cuts Its Stake in Apple
The conglomerate reported nearly $277 billion in cash in the second quarter. And while it sold about 390 million shares in Apple, it still owned about 400 million.
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JD Vance Pioneered ‘New Right’ Economics. Trump May Not Embrace It.
The vice-presidential nominee favors economic policies that help advance a socially conservative vision of American society — and that sometimes clash with Trump’s own plans.
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5.25%
The Federal Reserve left interest rates at a two-decade high, but all the attention was on what it will do next.
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Stocks Drop as Jobs Report Shakes Market
A weaker-than-expected jobs report added to investors’ worries about the economy. Stocks fell sharply, and Treasury yields declined in expectation of a Federal Reserve rate cut.
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Global Markets Tumble Amid Fears of a U.S. Hard Landing
Investors are focusing on slowing U.S. economic growth as calls for the Fed to cut interest rates grow louder.