U.S. Economy

Look to a few major mythological characters in the Greek pantheon that are marvelous representations for the world's economic superpowers: Atlas, Sisyphus and Narcissus. This summer, the World Bank raised its forecast for global growth…

Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday.The board's consumer confidence index slid…

The International Monetary Fund has warned of further turbulence ahead for financial markets, particularly as governments around the world shift gears into recovery mode.Central banks' moves to tighten monetary policy and curb rising…

After using the market's global sell-off as an opportunity to attack Vice President Kamala Harris, former President Donald Trump and his Republican allies were noticeably quieter Tuesday, as stocks gained back some of their losses.The…

Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market's dramatic plunge, months after claiming he deserved credit for the market's then-record upswing."Of course there is a…

U.S. Treasury yields declined on Tuesday as investors looked ahead to the release of consumer inflation data for November and considered the impact that could have on interest rates.The yield on the 10-year Treasury was down by just over…

A screen displays the Fed rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022.Brendan McDermid | ReutersThe U.S. Federal Reserve, European Central Bank, Bank of England and Swiss…

Rob Nichols is the president and CEO of the American Bankers Association and Dennis Kelleher is president and CEO of Better Markets, a Washington-based nonprofit that promotes financial markets reform.    The recent turmoil in the…

Rate cuts unlikely until Fed is 'confident' about inflationThe Fed's rate projections show no rate cuts in 2023, which stands in contrast to some market expectations prior to today's data release.Fed Chair Jerome Powell said the central…

A "Now hiring" sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022.Mike Blake | ReutersWhen it comes to salary, small business owners generally don't play in the same league as larger…