The Latest Breaking News from Economy

Economic data show higher prices and constant warnings of a downturn haven't slowed down American shoppers. The Fed is anxious. Companies are thrilled.

The American economy expanded at an annualized rate of 2.4% in the second quarter of 2023

The proposal would increase fuel economy for cars by 2% annually — and twice as fast for trucks and SUVs. The rule would pair with the EPA's ambitious plan to promote electric vehicles.

GM will closely review NHTSA's new proposal, which calls for strict fuel economy improvements on light and commercial trucks.

The U.S. government wants to raise the fuel economy of new vehicles 18% by the 2032 model year so the fleet would average about 43.5 miles per gallon in real-world driving

The fourth and final G-20 Environment and Climate Sustainability Working Group (ECSWG) and Environment and Climate Ministers meeting concluded on Friday without a final communique

Inflation statistics keep pointing to a gradual decrease in price pressures across the economy

How has the U.S. economy proven so resilient? Partly due to Bidenomics, write Yale's Sonnenfeld and Tian.

With nearly half of the stocks in the Nasdaq 100 Stock Index ($IUXX ) (QQQ ) having reported Q2 earnings, more and more company executives are optimistic about a soft landing for the U.S. economy. According to a Bloomberg analysis, tech executives are less frequently using words like headwinds, inflation,...

Small businesses are hopeful about the direction of the economy, but challenges such as inflation and finding qualified candidates remain.

A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the United States is steadily cooling from its once-painful highs