#US economy
articles
U.S. Consumer Sentiment Slides to 51.0 as Conflict-Driven Inflation Fears Return
The University of Michigan index fell from 55.2 to 51.0 in August, reversing two months of gains as households raised ne...
Young Americans Distrust AI Billionaires and Favor Democratic Socialism, Poll Finds
A CNBC/Generation Labs survey of 1,088 Americans aged 18–34 finds wide distrust of AI executives, pessimism about the ec...
Why July’s US Inflation Report Could Jolt Markets and Reshape Fed Bets
The US consumer price index for July is expected to show headline inflation easing to 3.4% and core to 2.5%. With the Fe...
ISM Services PMI Inches Up to 54.1, but Employment Slips into Contraction
The ISM Services PMI edged 0.1 point higher to 54.1 in July, supported by surging business activity and solid new orders...
Global Markets Cap a Historic Week at Record Highs as Geopolitical Optimism and Rate Hopes Converge
Stock indices from Madrid to New York set fresh records after a dramatic shift from fear to euphoria, powered by US–Iran...
Commodities Rally Faces CPI Test as Hormuz Risks Keep Oil on Edge
Gold and base metals surged after a weak US jobs report boosted rate-cut bets, but next week’s inflation data will test ...
ISM Manufacturing Index Jumps to 55.6, Its Strongest Reading Since May 2022
The U.S. factory sector grew for a seventh straight month in July, with production surging and hiring returning for the ...
US GDP Growth Slows to 1.5% in Q2 2026 as Consumer Spending Holds Up
US real GDP grew at a 1.5% annual rate in Q2 2026, down from 2.1% in Q1, as consumer spending accelerated while governme...
AI Optimism Ignites Asian Markets; Korean Shares Surge 17%
Renewed enthusiasm for artificial intelligence triggered a powerful rally across Asian equities, with South Korean stock...
Federal Reserve Set to Hold Rates as Markets Watch Warsh for Signal on Next Move
The FOMC is widely expected to keep the federal funds rate at 3.50–3.75% on July 29, but Chair Kevin Warsh’s press confe...
Investors Position for a Hawkish Fed Hold Amid Inflation Anxiety and Oil Volatility
With oil volatile and inflation expectations at risk, Wall Street braces for a hawkish Fed hold. Dissent and rising vola...
US Core Capital Goods Orders Climb 0.9% in June as Shipments Surge 1.9%
New orders for American-made capital goods rose more than expected, and shipments jumped at the fastest pace in months, ...
Brokerages See July Fed Rate Hike as a Real Possibility as Oil Spike Tests Inflation Fight
Oil at $100 and Middle East tensions put the Federal Reserve’s credibility on the line this week, with brokerages warnin...
Trump's Economy After 18 Months: Resilience Meets Stalled Progress on Jobs, Prices and Housing
Immigration crackdowns, tariff hikes and the Iran war have tested US economic resilience. But job growth has softened, i...
Fed Set to Hold Rates as Oil Spike Fails to Sway Majority, Citi Predicts Dovish Signal
Markets price a 30% chance of a July hike on oil-driven inflation fears, but Citi sees a steady hand as cooling core pri...
Fed Poised to Hold Rates as New Chair Kevin Warsh Wrestles with Sticky Inflation and Rising Geopolitical Risks
The US Federal Reserve is widely expected to keep interest rates at 3.50–3.75% this week, but inflation at 3.5% and esca...
US Consumer Credit Stalls in May as Credit Card Borrowing Contracts
Total consumer credit was unchanged in May as a sharp pullback in revolving credit offset modest growth in nonrevolving ...
Bernstein Data Shows K-Shaped Consumer: Low-Income Shoppers Feel the Squeeze at US Retailers
A new analysis of US retail foot traffic by Bernstein reveals a deepening split: low-income consumers are visiting dolla...