US economy

IMF's Gopinath says high U.S. deficits fueling growth, higher interest rates

Gopinath told a fiscal forum at the IMF and World Bank spring meetings that US deficits are projected to rise for years with one of the world's steepest curves for debt.

A global state of disunion

In other words, the world is in disunion not just from wealth and income disparities, but through the widening digital and knowledge application gaps.

US consumer inflation up unexpectedly in February

The consumer price index (CPI) came in at 3.2 percent last month

US labor market cooling; unemployment rate rises to two-year high of 3.9%

The jump in the unemployment rate after holding at 3.7 percent for three straight months reflected a further decline in household employment

Are the Fed and Biden engaged in a duel?

The Federal Reserve System (Fed), the arbiter of monetary policy in the US, is facing a number of challenges

Analysis / What US economic measures can be expected if Trump is reelected?

From tax cuts to new trade conflict with China, re-electing Trump will have a major economic impact

Analysis / As inflation slows, Europe Inc must show off its margin might

More companies are downgrading their earning estimation in the face of various economic and geopolitical factors

US bankruptcies surged 18% in 2023 and seen rising again in 2024 -report

Higher interest rates are among the reasons the US has seen a surge in bankruptcy filings

IMF's Georgieva says Americans should 'cheer up' about falling inflation

IMF's managing director Kristalina Georgieva is hopeful about the US economy as inflation declines further

September 25, 2023
September 25, 2023

Down on the Biden economy

Why do voters give Biden’s economy a lousy 36 percent approval rating?

August 6, 2023
August 6, 2023

JPMorgan raises US economic growth estimate, no longer expects 2023 recession

JPMorgan's chief economist said on Friday the bank is no longer forecasting a US recession this year and has raised its economic growth estimate as the economy expands at a "healthy pace."

January 1, 2023
January 1, 2023

Top 10 economies to watch in 2023

It is hard to ignore the growing consensus among economists that the combination of inflation and interest rate hikes alongside tempered Chinese demand and US economic uncertainty could be the perfect storm for a global recession.

November 12, 2022
November 12, 2022

Bad economic policies and Biden’s loss

One of the few axioms of US politics is the loss of seats by the president's party in midterm House elections

July 28, 2022
July 28, 2022

Explainer: Is the US in a recession?

A first read on US economic growth last quarter, due out Thursday, will amplify an ongoing debate over whether the country is, or will soon be, in recession.

January 14, 2018
January 14, 2018

Ready or not for the next recession?

A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived:

June 22, 2016
June 22, 2016

IMF warns the US over high poverty, inequality

The International Monetary Fund warns the United States over poverty and rising inequality in the country, saying both could hold back its economic potential.

March 7, 2015
March 7, 2015

US adds 295,000 jobs in February

The US economy adds 295,000 jobs in February, while the unemployment rate fell to 5.5% from 5.7%

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