US economy’s growth was weaker than expected in the second quarter

The world’s largest economy lost steam heading into summer as red-hot demand for AI infrastructure widened the trade deficit, dampening growth.

Trump’s top adviser just called the economy ‘amazing’ despite slowing economic growth

A top adviser for President Donald Trump claimed the economy was “amazing” despite it growing just 1.5% last quarter. Kevin Hassett, director of the White House National Economic Council, brushed off ...

Economy Grew At Unexpectedly Slow Rate In Second Quarter

The Gross Domestic Product rose at an annualized rate of 1.5% in the second quarter, a slowdown from the first quarter and ...

China's economy grows 4.3% in Q2, slowest since late 2022

Lagging consumer spending and business investment offset the boost from strong exports thanks partly to the boom in artificial intelligence.
CNBC

U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed

With job growth tanking and the economy wobbling, pressure is on for the Federal Reserve to start lowering interest rates. Market expectations have shifted notably on rates as trouble signs have built ...
CNN

The US economy expanded at the fastest pace in two years as wealthier Americans kept spending

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...

U.S. Economy Slows as Inflation Bites

Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial ...