Alex Nowrasteh, the Cato Institute’s vice president for economic and social policy studies, pushed back on Vance’s claim.

The parent company behind Temu disappointed investors with revenue that missed estimates, as consumer activity in China ...

Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global ...

Is the U.S. economy headed for a recession? Stocks have plunged. So have measures of consumer and business confidence. Forecasters expect slower growth, higher unemployment and faster inflation than ...

The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...

Federal Reserve Chairman Jerome Powell delivers remarks at a news conference on March 19 in Washington. Powell announced the ...

Economic uncertainty is weighing on policymakers’ outlook for growth in gross domestic product growth this year. The Fed’s ...

In its latest quarterly economic projections, the Fed lowered its growth outlook for 2024 and 2025, forecasting a slower ...

The Federal Reserve maintained its previously expected pace of rate cuts, but signaled higher inflation and a slowdown in ...

The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the ...

The U.S. economy is likely to grow notably slower this year than the Federal Reserve expected just three months ago. The Fed dropped its forecast for gross domestic product, the official scorecard of ...

An inverted yield curve, high borrowing rates, elevated delinquencies and inflation may impact economy. Click to find out ...