Powell says U.S. economy is in ‘solid shape’ and the Fed intends to keep it that way

Fed’s Logan says ‘strong and stable’ U.S. economy still faces ‘meaningful uncertainties’

The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates.

Business - MarketWatch - October 21

U.S. Economy Grew at a Solid 2.8 Percent Pace Last Quarter

Consumer spending powered gains despite still-high interest rates, indicating healthy, reslilient conditions.

Business - Inc. - 6 days ago

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

CNBC Poll: Voters say personal finance is in better shape than the economy

CNBC Senior Economics Reporter Steve Liesman joins Meet the Press NOW to dissect the latest CNBC poll, which shows former President Donald Trump with an edge on the economy over Vice President ...

Politics - NBC News - October 24

U.S. economy keeps up the momentum ahead of holiday shopping season, S&P finds

The U.S. economy got off to a good start in the fourth quarter, a pair of S&P surveys found, and pointed toward steady growth at the tail end of the year.

Business - MarketWatch - October 24

Three ways to play the bond market as the Fed lowers interest rates, this analyst says

Falling interest rates will steepen the yield curve and make these credit ETFs attractive

Business - MarketWatch - October 25

Why Powell and Yellen May Have Pulled Off the Impossible With the Economy

Nobody thought they could tame inflation without a recession, but the Fed chair and Treasury secretary seem to have managed a macroeconomic marvel.

Business - Inc. - October 17

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Business - The New York Times - October 17

Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.

Business - MarketWatch - October 23

The U.S. election need not be scary. History shows this is the way to trade it, says Citi.

The S&P 500 looks well set for the rest of 2024, but there’s also a way to gain from short-term volatility

Business - MarketWatch - 4 days ago

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

How the U.S. Election Could Shape the Future of Golf

Kamala Harris and Donald Trump are likely to respond in different ways to the deal between the PGA Tour and Saudi Arabia’s Public Investment Fund.

Sports - The New York Times - October 24

How the U.S. Shaped Israel's Attack on Iran

The airstrikes that unfolded met Washington’s expectations while dealing Iran a punishing blow.

World - The Wall Street Journal - October 26

This Texas city has the lowest cost of living in the U.S.: There is 'investment in the area keeps home prices low,' expert says

Realtor.com ranked the cities with the lowest cost of living by examining regional price parities data by the Bureau of Economic Analysis.

Business - CNBC - October 27

5 Ways to Keep Your Best Employees

When your team feels valued, their loyalty isn’t just earned—it’s automatic.

Business - Inc. - October 18

RNC Chair says Trump is 'playing offense' by visiting solid blue states

Republican National Committee (RNC) Chair Michael Whatley said former President Trump is “playing offense” by visiting blue states. “Donald Trump is playing offense right now. We are seeing ...

Politics - The Hill - 5 days ago

Don't be alarmed by conservative guidance after a solid quarter, Jim Cramer says

CNBC's Jim Cramer on Thursday told investors not to get scared off when a company posts good earnings results but issues more modest guidance.

Business - CNBC - 4 days ago

A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog

The U.S. fiscal backdrop is “structurally unsound,” but no one knows when or if financial markets might force change, says president of the bipartisan Committee for a Responsible Federal Budget.

Business - MarketWatch - October 24

How U.S.-Mexico border cities, immigration are shaping the 2024 election

Omar Villafranca is traveling the southern border and talking to locals as part of the new CBS News series, "Border Towns." Around 58% of voters say immigration will be a big factor in their vote ...

Can we trust official statistics? The data gaps shaping our view of the economy

Policymakers are grappling with some increasingly murky numbers

World - Financial Times - 4 days ago

U.S. double: McKennie, Weah keep Juve unbeaten

Juventus twice came from behind to salvage a 2-2 draw at home to Parma on Wednesday, maintaining their unbeaten record but dropping to fourth in the Serie A standings.

Sports - ESPN - 5 days ago

Erdoğan has big plans, but the Kurdish problem keeps getting in the way

Turkey hopes to exploit recent setbacks for Iran but an armed attack near Ankara has thrown a question mark over his plans

World - Financial Times - 6 days ago

Despite signals the U.S. economy is strong, voters are wary

Wall Street has seen six straight weeks of gains and with unemployment near a 50-year low, there are signs the economy is strong. However, the cost of everyday essentials is still a top-of-mind ...

Is the U.S. Economy Too Strong for Its Own Good?

Stocks could come crashing down from record highs if the Fed does anything besides an interest rate cut.

Business - Inc. - October 21

Analyzing the state of the U.S. economy before Election Day

CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for ...

GDP Report Shows US Economy Grew at 2.8% Rate

In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.

Business - The New York Times - 6 days ago

Thursday Briefing: U.S. Voters Focus on the Economy

Plus, what too much sugar does to your body.

World - The New York Times - 5 days ago

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

White supremacist planned to blow up power site, feds say

Skyler Philippi, 24, has been charged with attempting to use a weapon of mass destruction and attempting to destroy an energy facility.

Kamala Harris says this lesson from her mom shaped her career—why parenting experts say it’s essential for success

Growing up, Vice President Kamala Harris's mother taught her to approach conflict with agency and accountability. The lessons have shaped her career, she says.

Business - CNBC - October 13

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

How is the economy really doing just weeks before the U.S. election?

With only weeks before the November 5 election, here's how top economists assess the health of the U.S. economy.

How the U.S. economy became so hostile to parents — and who benefits

The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively ...

Business - MarketWatch - October 19

Latest in Powell says U.S. economy is in ‘solid shape’ and the Fed intends to keep it that way