The economy grew 2.1% in Q2 as a pullback in business stockpiling and exports offset strong spending by consumers. Recession fears continue to loom.
Author: Paul Davidson, USA TODAY
A ‘troubling signal’ for the economy is fewer goods being shipped across the country
Retailers and manufacturers are shipping fewer goods by truck, rail and air. That’s adding to concerns about a possible looming recession
Could a second straight quarter of falling earnings signal a possible recession?
With earnings season underway, a second straight quarter of declining S&P 500 profits would add to concerns about a possible recession by next year.
Here’s where you can have a 4-day work week. Is this the next big thing?
A growing number of businesses are adopting a four-day workweek to reduce burnout and bolster recruitment in a tight labor market.
How would a Fed rate cut affect your credit cards, home equity lines and bank savings
The Federal Reserve seems poised to cut rates for the first time in a decade. How would a cut affect your credit cards, home equity lines, savings.
Sorry, Florida and Nevada. This state ranks as the best for retirement
Nebraska ranks as best state to retire, followed by Iowa, Missouri, South Dakota and Florida, Bankrate.com survey shows. Maryland scores worst
Raising minimum wage to $15 an hour would lift pay for up to 27M but leave 1.3M jobless
Doubling U.S. minimum wage to $15 an hour would raise pay for up to 27 million workers and lift 1.3M from poverty but leave 1.3M jobless, CBO says.
Is the US already in a recession? This economist thinks it’s possible
Economist Gary Shilling, who called several recent recessions, says the nation is probably already in a downturn. He cites recently weak job growth.
Stocks hit new highs on hopes of US-China trade truce and prospect of Fed rate cuts
The S&P 500 index set a new record Thursday on a strong signal that the Fed could cut interest rates and on hopes for a trade war truce.
Fed stands pat on rates, signals it’s prepared to cut if trade war intensifies
The Fed kept its key interest rate at 2.25% to 2.5% but signaled it was prepared to cut rates if the US trade war with China deepens