The U.S. economy, hobbled by last fall's 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

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 shutdown-delayed federal data train kept rolling today, giving a bit more insight into where the economy stood a few months ago. In the third quarter — that’s July, August, and September — the U.S ...

Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from President Donald Trump's policies. Bessent acknowledged there ...

Treasury Secretary Scott Bessent said he expects the U.S. to end the year with a better-than-expected 3% gross domestic product (GDP) growth. Bessent appeared Sunday on CBS News' "Face the Nation" and ...

The worst-case scenario for the US economy could be a looming reality in 2026. RBC flagged the likelihood of stagflation in 2026 as the economy looks poised to post below-trend growth while inflation ...

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ...

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 ...

Treasury Secretary Scott Bessent said that it's been a "very strong" holiday season for the economy and predicted that the U.S. would end the year at 3% real GDP. Bessent said American consumers' ...

American consumers in December remained downbeat about the state of the economy, a new survey shows. The Conference Board, a nonprofit group representing businesses, said Tuesday that its consumer ...