Markets are acting as if the US will stave off a recession forever, with stock and bond investors showing unprecedented ...

For the second time in three years - and straddling two separate presidencies - heightened U.S. fears of recession have ...

The current budget allocates $4.43 trillion or 63 percent to mandatory programs — largely social security and health care.

Investors are bracing themselves for a “pivotal” three days in American markets, as a barrage of economic events, corporate earnings and US President Donald Trump’s looming tariff deadline test Wall ...

JPMorgan now sees US economic growth of 1.6% this year, down from a prior forecast of 1.9%. Morgan Stanley is now at 1.5%, down from 1.9%, while Goldman Sachs projects growth of 1.7%, down from 2.4%.

UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal ...

The US is on pace to grow beyond expectations, thanks to a strong labor market and new economic policies. On Thursday, new GDP data will show just how much the US economy grew between April and June.

Consumer spending, which accounts for about two-thirds of GDP, saw a solid increase during the second quarter. It rose 2.3% for the period, up from the 1.5% figure recorded the previous quarter ...

The Commerce Department's first reading of gross domestic product is expected to show the U.S. economy grew just 2% in the final three months of 2023.