The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer spending stayed strong. The Commerce Department reported Wednesday that growth in gross domestic product — the nation's output of a goods and services — decelerated from a 2.

U.S. economic growth slowed amid a widening in the trade deficit, but consumer spending and business investment pointed to underlying strength.

A surprising trend has been showing up in Bank of America accounts over the past few months: The gap between America’s wealthy and poor appears to be narrowing.

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose.

WASHINGTON (AP) — The American economy, slowed by last fall's 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate. U.S. gross ...

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

Economic growth in the United States slowed in the second quarter amid a growing trade deficit and tensions between the US and Iran which weighed on global fuel prices. The US Gross Domestic Product (GDP),

Simon-Kucher’s Report Says Inflation Has Changed 90 Percent of Americans’ Quality of Life Goals; Major Implications for Businesses Timed for America’s 250th anniversary, new research by global growth and pricing consultancy Simon-Kucher finds the ...

new video loaded: The American Economy Isn’t as Bad as You Might Think transcript I’m Natasha Saran, I’m a professor at Yale Law School and a co-founder of the Yale Budget Lab. I’m Dan Wang, I’m a research fellow at Stanford University’s Hoover ...

Consumer spending soared in the second quarter. A repeat is unlikely.