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The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
After a run of hot inflation readings, the US economy appears to be back in the "Goldilocks" zone. That's good for markets and everyday Americans, as inflation stays cool and GDP continues to grow ...
As megabank CEOs attended their annual congressional hearings for day one of two on Wednesday, remarks on the U.S. economy permeated usual discussions around regulatory issues such as compliance ...
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
The U.S. economy created 236,000 jobs in March and the unemployment rate fell back to 3.5%. As RSM chief economist Joe Brusuelas said in an email on Friday, the labor market remains "stout."
Social inequality has become a persistent and serious problem in the United States. According to a 2020 study by Pew Research , the gap between upper-income and middle- to lower-income Americans ...
Investors this year have grown increasingly confident the US economy will achieve a "soft landing." But the election of Donald Trump as the nation's next president has complicated the outlook.