Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
The state of the US economy, in 9 charts
President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy ...
Atlanta Fed shock sounds 'Trumpcession' warning
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Why Bank Stocks JPMorgan Chase, Wells Fargo, and Citigroup Are Getting Slammed Today
Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.
Bank and Brokerage Stocks Hammered Amid Broad Market Selloff
Fears about an economic slowdown and a trade war appear to have spurred investors to dump shares of Wells Fargo, Morgan ...
Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Atlanta Fed GDPNow Sees Economy Shrinking After Friday Data
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer ...
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other ...
Markets are ignoring the disastrous consequences of Trump’s economic vandalism
It’s the piece of economic data that few had previously even heard of, still less taken much notice of – the Federal Reserve ...
Atlanta Fed's GDPNow Estimate Falls Again
The Federal Reserve Bank of Atlanta’s running forecast for first-quarter gross domestic product slid again on Monday. The Atlanta Fed’s GDPNow estimate now calls for a first-quarter GDP decline of 2.8 ...