In April, Americans’ optimism about the stock market dropped sharply amid global market volatility triggered by President ...
Together, the data points buttress worries from some Federal Reserve policymakers that the coast is far from clear for the ...
From jobs to housing to grocery prices, the U.S. economy has been weakening for months. But the stock market is telling a different story, thanks to a handful of companies called the Magnificent 7: ...
As stock market investors support economic sentiment, some economists wonder if a looser labor market could pull the rug out. The University of Michigan's widely-followed consumer sentiment index slid ...
How can an economy continue to grow at an above-trend growth rate with consumer confidence plummeting to a 14-year low? Record amounts of financial market wealth are fueling enough spending from the ...
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How AI could reshape the economy and the job market: Here's Fed Chair Powell's perspective
While artificial intelligence spending will likely boost the economy next year, the new technology could have farther reaching impacts on the economy, Federal Reserve Chair Jerome Powell said recently ...
If you’ve been hearing the letter “K” invoked more frequently in discussions about the economy, it’s not coincidental. With inflation still bubbling and the job market stagnant, the 11th letter of the ...
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. The stock market keeps breaking records, but angst about the economy keeps befuddling ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ...
While Financials and Consumer Discretionary have modestly underperformed the broader S&P 500 during this period, the remaining seven sectors have significantly underperformed. The same is true of ...
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