Fed Chair Jerome Powell said the U.S. economy is growing at a slower pace this year. Powell said the Fed staff sees economy growing at a 1.6% annual rate, down from a 2.4% rate in 2024. "We've still got an economy growing at a moderate pace,

For those on the upper arm, things are going well. The top 10% of U.S. households now account for nearly half of all consumer spending, buoyed by record stock market highs. Hourly pay is now rising fastest for the highest earners, reversing a pandemic-era trend that favored the lowest-paid workers, according to the Federal Reserve Bank of Atlanta.

President Trump promotes economic prosperity during his visit to Japan, while layoffs and a federal shutdown threaten millions back in the U.S.

Jerome Powell said the government shutdown would not prevent the Federal Reserve from recognizing if the U.S. economy suddenly faced great difficulty or showed a big rebound. "I think if something material were happening,

Family size around the world is dropping. That choice by couples is triggering a population shift that's sending shock waves through economies.

Indiana's independent music venues contributed more than $578 million to the state economy in 2024, according to a first-of-its-kind report released this month. Why it matters: The National Independent Venue Association (NIVA) produced the report to inform policymakers and music industry stakeholders about the importance of independent venues.

Robert Teeter, Chief Investment Strategist at Silvercrest Asset Management, says U.S. innovation and earnings will keep leading markets, with tariffs easing and tech growth expanding to consumers.

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.