Shutdown is costing US economy $15 billion a day, Bessent says

The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury ...

US economic activity little changed, employment stable in recent weeks, Fed says

U.S. economic activity was little changed and employment was largely stable in recent weeks even as more businesses reported ...

Strong U.S. Economy Powers Bank of America Profit Higher

The bank’s quarterly profit rose 23%, highlighting healthy consumer activity and a busy summer in its investment banking ...
The Economist

Boom or bubble: what’s really going on with America’s economy?

Despite Donald Trump’s trade and immigration restrictions, America’s economy continues to grow, thanks in part to ...
The Economist

The America v China spat reveals a dangerous dynamic

But even if a truce is re-established, their latest spat is disturbing. It shows that Mr Trump is happy to contemplate triple ...

Economic Risks Of A Prolonged U.S. Government Shutdown

The direct effect on fourth-quarter real GDP growth of a two-week shutdown beginning Oct. 1 would be 0.3 percentage point, ...

Shutdown may start costing economy $15B a day: Bessent

Treasury Secretary Scott Bessent said Wednesday that the ongoing government shutdown may start costing the economy as much as ...

Whirlpool CEO says Trump tariffs create 'level playing field' for US manufacturing expansion

Whirlpool Corp. CEO Marc Bitzer says $300 million Ohio investment will create 400-600 jobs and level the playing field amid ...
Bloomberg L.P.

Three Exaggerations About the US Economy Right Now

Sometimes there are economic narratives that don’t quite deserve a debunking ... The first is the idea that artificial intelligence is driving a surge in US GDP growth. The second is that AI is ...