AI and consumer spending. They warn that the Iran war threatens both.
First quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with ...
Bank of America highlights that the US economy relies heavily on AI investment and consumer spending, but warns that the ...
US economic growth accelerated at the start of the year, bolstered by a massive AI-driven upswing in business investment.
The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate. The Bureau of Economic Analysis (BEA) on Thursday released its final reading ...
The US economy grew at an unexpectedly strong pace of 4.3% in the third quarter — the highest rate in two years — according to a government report released Tuesday. Vigorous consumer spending on ...
(Bloomberg) -- The US economy is creating plenty of wealth. It’s just not creating many jobs. Forecasters expect Friday’s report on gross domestic product to show the economy expanded 2.7% in 2025, a ...
The US economy grew at a much slower pace in the final months of 2025 as the historic government shutdown weighed on economic activity, ending a year that saw the weakest growth since the pandemic.
The US economy was on shaky footing even before President Donald Trump plunged the United States into a war with Iran, a battery of new data released Friday showed. At the end of last year, economic ...
US economic growth drastically slowed and the Fed’s preferred inflation gauge heated up at the end of 2025 – complicating the path to more interest rate cuts, economic reports indicated Friday. Gross ...