Us Economy

With a possible default days away, now is a good time to consider your personal exposure to any fallout

Republicans want spending cuts but Democrats have refused to commit

Slowdown increases fears of a mild recession and inflation remains a stubborn problem

Increase puts pressure on the Fed as it struggles to reduce inflation

Rating agency projects the US economy will slide into a mild recession in the latter part of 2023

Stocks notch fourth-worst performance since Second World War

Personal consumption expenditures picked up 2.3 per cent, markedly higher than the 1.7 per cent previously estimated

'We're beginning to see the impact of our economic strategy,' President Joe Biden says

After years of exuberant growth and hiring, layoffs are haunting tech sector employees

Luxury spending by Americans last year boosted fortunes of companies such as Chanel and LVMH