Latest in U.s Economy Ahead
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Jobless claims drop to 7-month low as economy plows ahead
he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain ...Business - MarketWatch - 5 days ago -
Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum.
Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season.Business - MarketWatch - November 15 -
New poll on voter feelings about U.S. economy ahead of Trump's second term
A growing number of voters think the economy is improving ahead of President-elect Donald Trump's second term in the White House, according to a recent CBS News poll. CBS News' Anthony Salvanto has ...Top stories - CBS News - Yesterday -
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 - October 28 -
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 - October 30 -
Thursday Briefing: U.S. Voters Focus on the Economy
Plus, what too much sugar does to your body.World - The New York Times - October 30 -
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. - October 29 -
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 - October 30 -
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 - October 30 -
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 - October 30 -
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. - October 30 -
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 - October 31 -
U.S. economy adds 12,000 jobs in October, unemployment rate stays at 4.1%
The U.S. economy added 12,000 jobs during October, significantly less than expected. The unemployment rate held steady at 4.1%. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb ...Top stories - NBC News - November 1 -
The next U.S. president could inherit a booming economy. That's a daunting challenge.
Vice President Kamala Harris and Donald Trump both made the economy a focus of their campaign platforms since voters rank it a top priority.Business - CNBC - November 2 -
U.S. economy’s secret weapon, productivity, rises sharply again
One of the biggest drivers of a strong U.S. economy, worker productivity, showed another healthy gain in the summer and early fall, in a good omen for the current expansion.Business - MarketWatch - November 7 -
The president's influence on the U.S. economy may be greatly exaggerated, according to experts
In a Gallup survey, 99% of voters said the economy was at least somewhat important in influencing their choice for president.Business - CNBC - November 7 -
How President-elect Trump can influence the U.S. economy
President-elect Trump has promoted tax cuts, tariffs, deregulation and deportations as key pillars of his blueprint for the U.S. economy.Business - CNBC - November 11 -
Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
AstraZeneca said it is doubling down on its investment in its U.S. business. Meanwhile, General Catalyst has agreed to purchase Summa Health for $485 million.Business - CNBC - November 13 -
Treasury yields rise by most in a week amid focus on prospects for U.S. economy
U.S. government debt sold off on Wednesday, sending yields up by the most in a week, as geopolitical anxiety eased and investors awaited President-elect Donald Trump’s pick for Treasury secretary.Business - MarketWatch - 6 days ago -
Morgan Stanley CEO is bullish on stocks, says the U.S. economy is 'outperforming'
Ted Pick said that the U.S. and China have a mutually unified motivation to find solutions that could benefit both economies.Business - CNBC - 6 days ago -
Economy on track to keep growing despite eighth straight decline in key gauge
The leading indicators of the U.S. economy fell for the eighth month in a row in October, but there’s still no sign the current four-year-old expansion is in trouble.Business - MarketWatch - 5 days ago -
The U.S. economy is like Benjamin Button — aging in reverse, economist says
Jared Franz, an economist at fund giant Capital Group, says the U.S. economy seems to be aging in reverse.Business - MarketWatch - 4 days ago -
10-year Treasury yield slips as investors weigh state of U.S. economy
Investors weighed mixed economic data and assessed the state of the economy.Business - CNBC - 4 days ago -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - October 30 -
Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day
The Conference Board’s monthly report says its index notched the largest gain since March 2021.Business - Inc. - October 30 -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - November 1 -
50,000 Russian and North Korean Troops Mass Ahead of Attack, U.S. Says
Ukrainian officials expect a counteroffensive in western Russia to begin in the coming days as North Korea’s troops train with Russian forces.Top stories - The New York Times - November 10 -
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.Business - CNBC - November 1 -
Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill
Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.Business - CNBC - November 4 -
Main engine of U.S. economy posts fastest growth in more than two years, ISM finds
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a survey found, and offered further evidence of strong momentum in the U.S. ...Business - MarketWatch - November 5 -
Echoes of U.K.’s 2022 bond crisis weigh on Treasury market ahead of U.S. election
A selloff in the U.K. bond market on Thursday, triggered by concerns about planned government borrowing, sent the country’s yields higher in a manner slightly reminiscent of the 2022 gilt crisis ...Business - MarketWatch - October 31 -
Small fraction of essential aid is entering Gaza, U.N. warns ahead of U.S. deadline
As Israel faced a U.S. deadline to ramp up access to aid in Gaza on Tuesday, leading humanitarians were warning that only a fraction of the desperately needed help was reaching the Palestinian ...Top stories - NBC News - November 12