Economy
Business

US Growth ‘Close to a Peak’ as Trade Spat, Housing Pose Risks

Craig Warga/Bloomberg News;

The U.S. economy is booming this quarter as tax cuts power consumers and businesses. Yet risks are mounting that the high will be short-lived.

Shobhana Chandra | Bloomberg News
June 20, 2018
Government, Business

Bernanke Says US Economy Faces ‘Wile E. Coyote’ Moment in 2020

U.S. economic growth could face a challenging slowdown as the Trump Administration’s powerful fiscal stimulus fades after two years, according to former Federal Reserve Chairman Ben Bernanke.

Craig Torres | Bloomberg News
June 8, 2018
Business

Capital-Equipment Orders Rise in Sign of Resilient Demand

Patrick T. Fallon/Bloomberg News

Orders placed with U.S. factories for business equipment rebounded in April even as the prior month’s figure was revised downward, indicating resilient demand at the start of the second quarter, Commerce Department figures showed May 25.

Shobhana Chandra | Bloomberg News
May 25, 2018
Business

Many Americans Missing Solid Job Market’s Bounty, Fed Poll Shows

David Paul Morris/Bloomberg News

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.

Matthew Boesler | Bloomberg News
May 22, 2018
Business

Consumer Comfort Index Declines for Fourth Straight Week

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Americans’ sentiment fell for a fourth straight week as still-rising gasoline prices drove a measure of the buying climate down by the most in eight months, the Bloomberg Consumer Comfort Index showed May 17.

Shobhana Chandra | Bloomberg News
May 17, 2018
Government, Business

Trump’s China Tariffs Will Pinch US Consumers, Retailers Warn

Carolyn Cole/Los Angeles Times/TNS

Americans will pay more for everything from big-screen TVs to school supplies if the Trump administration follows through on threats to slap tariffs on Chinese imports, U.S. retailers warned.

Mark Niquette and Andrew Mayeda | Bloomberg News
May 16, 2018
Business

Factory Production Shows Broad-Based Gain Outside Autos

Getty Images

U.S. factory production regained its footing in April to push capacity utilization to the highest since 2015, indicating the industry will support economic growth this quarter, Federal Reserve data showed Mahy 16.

Shobhana Chandra | Bloomberg News
May 16, 2018
Business

Retail Sales Gain Points to Healthier Second Quarter

gianluca1996/Flickr

U.S. retail sales rose in broad fashion last month as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a firm start this quarter.

Shobhana Chandra | Bloomberg News
May 15, 2018
Government

US Posts Record Monthly Budget Surplus as Economy Picks Up

Daniel Huizinga/Flickr

The United States posted its largest monthly budget surplus on record in April, which the Congressional Budget Office said reflected stronger economic activity over the past year.

Saleha Mohsin | Bloomberg News
May 10, 2018
Business

Consumer Prices Rise Less Than Forecast as Autos Drop

David Paul Morris/Bloomberg News

U.S. consumer prices rose by less than forecast in April as costs for automobiles and airfares declined, reducing chances that inflation will run significantly above the Federal Reserve’s target in coming months.

Shobhana Chandra | Bloomberg News
May 10, 2018

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