Latest in Driving U.s Economy
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Strong US economy and ‘Trump trade’ drive dollar rally
US currency hits highest level since August, as investors bet on growing likelihood of election victory for former presidentBusiness - Financial Times - October 22 -
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 ...Top stories - CBS News - October 19 -
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 ...Top stories - CBS News - 3 days ago -
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 - Yesterday -
Thursday Briefing: U.S. Voters Focus on the Economy
Plus, what too much sugar does to your body.World - The New York Times - Yesterday -
Markets are increasingly reflecting U.S. outperformance — but now there’s a jinx
Markets are increasingly pricing in a scenario of U.S. exceptionalism.Business - MarketWatch - October 21 -
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.Top stories - CBS News - October 18 -
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 -
The U.S. economy’s biggest threat? China’s clean-energy push.
As China ramps up its renewable-energy production, the U.S. risks becoming dependent on outdated energy sources.Business - MarketWatch - October 19 -
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 poised for somewhat slower growth, leading indicators signal
The leading indicators of the U.S. economy fell again in September because of weakness in a few key industries such as housing and manufacturing, but not enough to suggest any sign of major trouble.Business - MarketWatch - October 21 -
Here’s Why People Feel Like a Strong U.S. Economy Is Passing Them By
Many people feel they aren’t getting their share of strong economic expansion—and that isn’t always a disconnect from reality, according to new research.Business - Inc. - 2 days ago -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - Yesterday -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - Yesterday -
The U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.Top stories - NBC News - Yesterday -
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. - Yesterday -
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.Top stories - CBS News - 5 hours ago -
Dan Loeb’s Third Point says a Trump win would boost markets, drive up infrastructure spending
Third Point said it believes the Republicans will take control of both the White House and the Senate, leading to deregulation, an increase in U.S. manufacturing, and higher infrastructure spendingBusiness - MarketWatch - October 18 -
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.Business - CNBC - 6 days ago -
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 -
Uber’s drive for ‘super app’ status
The ride-hailing app is exploring a takeover of Expedia, which would be its biggest deal yetWorld - Financial Times - October 21 -
Is this economy turning against cities?
The economic effects of the pandemic on the urban real estate market are well known: spiking rents and mortgage rates, a large dip in sales, and an overall mismatch between housing supply and ...Politics - The Hill - October 23 -
The Climate Election: The economy, explained
The economy remains one of the top concerns for voters just a week out from Election Day, but there's a major factor that experts say could cause significant harm to it: climate change. One study ...Top stories - CBS News - 2 days ago -
The Budget Game: Can you do better than Rachel Reeves?
Step into the chancellor’s shoes and devise your fiscal planBusiness - Financial Times - October 15 -
Can you run the UK economy?
Step into the chancellor’s shoes and devise your Budget planWorld - Financial Times - October 15 -
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...Politics - The Hill - October 17 -
Benjamin Button’s clues for the US economy
Conditions are reverting to a time of solid, sustainable growthWorld - Financial Times - Yesterday -
Why the cost of insurance is driving UK motorists to distraction
This multi-faceted problem is not for the industry aloneWorld - Financial Times - October 19 -
The Powerful Companies Driving Local Drugstores Out of Business
The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.Business - The New York Times - October 19 -
Trump works the drive-thru at Pennsylvania McDonald’s
Former President Trump on Sunday stepped behind the counter at a McDonald's in Pennsylvania, working the drive-thru for a short time after he spent weeks mocking Vice President Harris's past ...Politics - The Hill - October 20 -
Messi Mania helps drive record growth for MLS
Major League Soccer is hitting record attendance marks and mounting sponsorship revenueSports - ABC News - October 22 -
The Patagonian shale riches driving Argentina to an energy surplus
New oil pipelines will boost exports from the Vaca Muerta formation, although gas infrastructure is more complexWorld - Financial Times - October 23 -
Tesla Self-Driving System Will Be Investigated by Safety Agency
The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.Tech - The New York Times - October 18 -
Before the First Kiss, Plenty of Drives Home
Jocelyn DeGroot-Lutzner grew up four blocks from Ephream Seyoum in West Philadelphia. But the two didn’t meet until she applied for a job at his family’s Eritrean restaurant.Lifestyle - The New York Times - October 23