Key Takeaways The U.S. economy has grown increasingly concentrated in AI, with the biggest tech companies now making up about ...

US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due ...

America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. But hiring is at a standstill, inflation is rising, loan defaults are abundant and Americans ...

The government has been shut down for nearly a month, and the impact is beginning to be felt by the U.S. economy.

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, ...

There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI.

For those on the upper arm, things are going well. The top 10% of U.S. households now account for nearly half of all consumer ...

Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United ...

The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify ...

In past shutdowns, estimates of lost economic activity have reached into the billions of dollars. In the context of a $30 trillion economy, that’s not a lot. But on the margins, economists say it can ...

(CNN) - The Congressional Budget Office is warning the United States economy could lose billions of dollars due to the government shutdown. A report finds the shutdown will lower GDP growth for the ...