No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S ...

U.S. employers added surprisingly solid 119,000 jobs in September, government says in delayed report

U.S. employers added a suprisingly solid 119,000 jobs in September, the government said, issuing a key economic report that ...

U.S. economy speeds up again after government shutdown, S&P finds. Businesses more optimistic.

The U.S. economy grew in November at the fastest pace in four months, new surveys showed, and businesses turned more ...

US job growth rebounds in September but unemployment rate rises to 4.4%

US job growth accelerated in September, but the unemployment rate increased to a four-year high of 4.4% and the economy in ...
WRAL

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ...
Indiana Gazette

US Fed will likely cut again despite economic murkiness from shutdown

The Federal Reserve is expected to announce its second rate cut of the year on Wednesday, despite a lack of clarity over the health of the US economy due to the ongoing government shutdown. The US ...
Opinion

The U.S. Economic Paradox: GDP Is Growing, But Your Finances Are Getting Worse

Explore how AI-driven capital spending is fueling US GDP growth, masking economic fragility as consumer trends shift.
Bloomberg L.P.

Government Shutdown Has Already Cost US Economy $18 Billion This Year, CBO Says

The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify” in the weeks to come, according to the Congressional Budget Office. The ...