The U.S. economy experienced an unexpected surge in the third quarter of 2024, surprising experts and analysts alike. With a…
Jobless Claims Edge Higher, But Layoffs Remain Low as U.S. Labor Market Cools
The U.S. labor market is showing signs of cooling off, but the number of layoffs remains low, according to the…
U.S. Leading Economic Indicators Decline but Recession Fears Ease
The U.S. Leading Economic Indicators (LEI), a critical gauge of future economic activity, have been showing a consistent downward trend.…
U.S. Second-Quarter GDP Growth Revised Downward to 2.1%: Implications Unveiled
The U.S. economy, often considered a barometer of global economic health, experienced a revision in its second-quarter GDP growth rate,…
New York Fed Forecasts Brighter Economic Outlook for the U.S.
The New York Federal Reserve has recently released its in-house forecasts, revealing a promising economic outlook for the United States.…
High-Stakes Summit: Biden-McCarthy Faceoff to Tackle Debt Ceiling Crisis
In a crucial attempt to address the pressing issue of the debt ceiling, President Joe Biden and House Minority Leader…