Federal Reserve Chair Jerome Powell says AI spending is lifting growth and could help boost productivity, but raises questions about the impact it may have on the labor market.

Russia’s war economy is not collapsing, but neither is it stable. It survives by pushing strain into the future – into labour ...

Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy ...

The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s ...

The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.

Despite the Federal Government shutdown on Wednesday, the financial markets hit new all-time highs this week. The S&P 500, DJIA, and Russell 2000 all closed at new record highs on Friday (October 3 rd ...

With bipartisan congressional talks to end the U.S. government shutdown bogging down on Friday, the hit to the national economy is growing, experts said. "Even if there is a reopening of the ...

Recession worries are spreading, but analysts don’t expect a dire economic slowdown in 2025 and are looking for growth to reaccelerate next year. Heightened risk factors like a rapidly cooling labor ...

The markets have climbed higher despite continuing concerns around the shutdown, tariffs and inflation. The S&P 500 and Nasdaq have set records more than 30 times this year and other data suggest the ...

The economy grew 1.1%, surpassing expectations and confirming that a solid recovery driven by aggressive interest rate cuts is now underway.

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...