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The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
America is entering a new 'economic supercycle'
The US economy is entering a bold new era that economists say will feature more inflation, more gro…
Linette Lopez
Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
Americans are the most pessimistic they've been in years about their chances of finding a new job i…
Jacob Zinkula,Madison Hoff
The US may be 'sleepwalking' into a recession as cracks form in the labor market, top economist says
Several financial models are already showing the US economy is on its way to a hard-landing, accord…
Jennifer Sor
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease mor…
Kelly Cloonan
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…
Filip De Mott
Why economists and strategists still say a recession is postponed, despite a startling inflation report
Contradictory messages about inflation and the labor market have investors on guard. Here's why con…
James Faris
Spain is betting on immigrants to boost its economy
The Spanish economy faces significant challenges from an aging population and one of Europe's lowes…
Rebecca Rommen,Nathan Rennolds
The job market may be strong, but tell that to anyone looking for work or feeling stuck
The strong job growth in September doesn't mean everything is wonderful for those wishing to find a…
Madison Hoff,Juliana Kaplan
Hurricane season is set to scramble Americans' view of the economy before the election
Jobless claims have already surged after Hurricane Helene hit, and Milton will likely add to that. …
Ayelet Sheffey,Madison Hoff
Inflation was hotter than expected in September, but continued its downward trend
September's consumer price index was expected to show inflation still cooling.
Madison Hoff
Stock market today: Indexes dip after Meta earnings and new labor-market data
The losses come despite strong Meta earnings as investors focus on weekly jobless claims data that …
Kelly Cloonan
Fed policy hasn't cooled the labor market and a 'serious consumer recession' could strike if services jobs tumble, real estate billionaire Barry Sternlicht says
The economy could tumble into a recession if the Fed sparks layoffs in this key sector, Barry Stern…
Jennifer Sor
The job market is in the 'Twilight Zone,' top economist Claudia Sahm says
"One month does not make a trend, and even with the Federal Reserve cutting interest rates, a susta…
Jennifer Sor
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
Looking for a career change? What the new Goldilocks labor market means for job seekers and workers
Job quitting and wage growth aren't that dramatic anymore. However, it's a good labor market for jo…
Madison Hoff
Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …
Filip De Mott
The blockbuster jobs report just gave Kamala Harris a boost where she needs it most
The booming jobs market in September could give former President Donald Trump one less thing to att…
Ayelet Sheffey,Madison Hoff,J…
The September jobs report dashed hopes for another jumbo rate cut next month
Odds of a 50-basis-point cut in November dropped from 33% before the jobs report to about 9% in a m…
Filip De Mott
The jobs market had a very strong September
The unemployment rate ticked down in September as the Fed pivots to supporting the labor market.