Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
Lutnick Says Trump Tariffs Will Restore US Economy, Respect
Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, offered a detailed defense of tariffs in ...
U.S. Q4 GDP Growth Nowcast Rises Ahead Of Thursday's Report
Economic output in the fourth quarter is expected to increase at a solid rate in this week’s initial GDP estimate from the ...
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
U.S. economy continues to outperform the rest of the world, IMF says
The U.S. economy will continue to be the developed world’s best performer in 2025 giving President-elect Donald Trump a ...
As Biden exits, how will he be remembered for his handling of the U.S. economy?
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...