The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.
Category: United States Economy
Fears of Slowing U.S. Growth Jolt Markets Around the World
A rout that began in Asia continued in Europe, and U.S. stocks fell sharply.
Opportunity Zones, Lauded by Trump, Don’t Always Help Poor
A tax incentive, with bipartisan roots, aims to foster development in poor areas. It has fueled building, but it hasn’t always aided local residents.
Child Care Costs Challenge Women’s Gains in Work Force
Participation in the labor force has surged among women in their prime working years. But for those with children under 5, the gains may have peaked.
U.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate
Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates.
Boeing Agrees to Plead Guilty to Felony in Deal With Justice Department
As part of the deal, stemming from fatal 737 Max crashes in 2018 and 2019, the company agreed to pay a fine of nearly half a billion dollars and strengthen its safety programs.
One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.
The Fed Holds Rates Steady and Predicts Just One Reduction This Year
Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation.
What to know about the latest jobs report.
Hiring levels have eased slightly but remain strong. The data for May, due Friday, is expected to show a gain of 190,000.