The incumbent president is struggling in the polls, with his biggest hopes an improvement in economic sentiment before the election, and a conviction for Trump.
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Articles on US economy
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Rethinking seasonal workers’ roles would help parcel delivery companies save time and money − and boost morale, too.
With the state of the economy unclear, shoppers seem hesitant to get too festive, too fast.
Democrats regained the Virginia legislature in the 2023 election, and that spells trouble for Republicans seeking to win the White House in 2024.
Russia’s 2022 invasion of Ukraine reprised the risks of energy weaponization, but the oil landscape today and energy security itself are changing.
With Donald Trump absent again, Republican presidential hopefuls took potshots at each other but agreed that Bidenomics isn’t cutting it.
Brinkmanship means coming to the edge of potential default on the US debt ceiling. Are lawmakers negotiating the debt limit representing the wishes and interests of their voters?
Workplace absences, along with sales lost due to the cessation of brick-and-mortar retail shopping, airline travel and public gatherings, contributed the most.
If the US fails to increase its debt ceiling by June 1, it could be forced into an embarrassing – and hugely costly – default on its obligations.
The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
House Speaker Kevin McCarthy agreed to raise the debt ceiling – and avoid an unprecedented US default – but only if Democrats agree to freeze spending and agree to several other demands.
The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
The collapse of a US bank is the latest crisis for central banks to deal with. But rather than being saviours of the global economy, what if they are actually a big part of the problem?
The Fed lifted its benchmark interest rate just 0.25 percentage point following a series of much more aggressive rate hikes in 2022.
The US spent $232 billion paying interest on the national debt in the first quarter of 2023 as the Fed jacked up borrowing costs.
The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
A drop in gas prices helped tame inflation in December 2022. But grocery prices and housing costs continued to rise.
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Associate Professor of Markets, Public Policy and Law, Boston University
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Professor of Economics, UNSW Sydney
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Associate Professor of International Relations, Australian National University
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Associate Professor of Finance, Mississippi State University
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Assistant Professor, Miller Center, University of Virginia, and US Studies Centre, University of Sydney
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Professor of Management, Co-Director of the MIT Sloan Institute for Work and Employment Research, MIT Sloan School of Management
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Associate Professor in the Practice of Finance, Emory University
