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Principal writer Sarah Foster covers the Federal Reserve, the U.S. economy and economic policy for Bankrate, where she helps readers understand how the world’s most powerful policymakers in ...
The latest University of Michigan consumer sentiment survey released Friday revealed a 13% decline in overall sentiment during the month of May. The index reading for the month came in at 67.4 ...
A decline in manufacturing output and business investment can indicate a slowing economy, said Stephen Clark, a financial expert and founder of Finbri. “This can be caused by reduced demand for ...
Data released Tuesday showed retail sales increased 0.1% in August, stronger than consensus estimates of a 0.2% decline. "The economy is continuing to chug along. There's really no impetus to be ...
At 4.3% now, unemployment remains historically low. But wait, there’s context: Job creation has been slowing down in the face of high interest rates, which make it harder for businesses to expand.
Paul Kennedy posits that continued deficit spending, especially on military build-up, is the single most important reason for decline of any great power. The costs of the wars in Iraq and Afghanistan were as of 2017 estimated to run as high as $4.4 trillion, which Kennedy deems a major victory for Osama bin Laden, whose announced goal was to humiliate America by showcasing its casualty ...
It happened again — the US economy defied yet another forecast in a big way. Economists were convinced the last quarter of 2023 had to be the one where economic growth slowed significantly after ...
U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new business in the vast service sector contracted. S&P Global said its ...