economic-data News
US Jobless Claims Fall, Signaling Labor Market Resilience
Initial claims dropped to 214,000, beating estimates and reinforcing views that the economy can sustain a soft landing as the Fed weighs further rate cuts.
AI Spending Boom Masks Stagnant US Economy, Analysts Warn
Deutsche Bank and other forecasters raise concerns that massive, unsustainable investment in AI infrastructure is creating a misleading picture of economic health.
US Consumer Confidence Tumbles to 7-Month Low on Economic Anxiety
December reading marks the fifth straight monthly decline as worries over inflation and a cooling job market weigh on American households.
US Consumer Confidence Drops to Four-Month Low, Clouding Economic Outlook
The Conference Board's index fell for a fifth straight month as households grapple with persistent inflation and a cooling labor market, raising questions about future spending.
US Economy Accelerates in Q3, Defying Slowdown Expectations
GDP grew at a 4.3% annualized rate, powered by resilient consumer spending, complicating the Federal Reserve's next policy decision.
US Economy Surges with 4.3% Q3 Growth, Complicating Fed's Path
The fastest economic expansion in two years, fueled by robust consumer spending, challenges slowdown expectations and puts the Federal Reserve's interest rate policy back in the spotlight.
US Economy Surges at 4.3% Annual Pace, Fastest in Two Years
Robust consumer spending fuels unexpectedly strong third-quarter growth, complicating the Federal Reserve's recent pivot to interest rate cuts.
US Consumer Pain Hits Crisis Levels, Fanning Recession Fears
A key gauge of current economic conditions has plunged to a low not seen since the 2008 financial crisis, signaling deep distress among households despite cooling inflation.