U.S. Economy

Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Bernie Sanders outlines policy agenda more liberal than Harris’ plan. That could help her

Sen. Bernie Sanders, I-Vt., spent his primetime appearance at Tuesday night’s Democratic National Convention laying out his own policy priorities…

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor…

Trump, Harris inflation arguments are questionable, Chicago Fed president says

Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of corporate price hikes and tariffs,…

Here’s the deflation breakdown for July 2024 — in one chart

Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.…

UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the…

Harris edges out Trump on who voters trust more with the economy, new poll finds

Vice President Kamala Harris is catching up to former President Donald Trump on the number of voters who trust her…

A ‘soft landing’ is still on the table, economists say

Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting a 3% loss…

Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut

The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to…

Trump quiet on markets after stock rebound robs him of ‘Kamala Crash’ attack line

After using the market’s global sell-off as an opportunity to attack Vice President Kamala Harris, former President Donald Trump and…