A data point used by the Biden administration as evidence the country is not in a recession was revised this week in the latest batch of economic data released by the Commerce Department. And one ...

Gross domestic income appears weak, which can indicate a recession may be near, Goldman Sachs said. But the data GDI is based on needs revision, the bank noted. If revised, it would likely show the US ...

Not one Republican Senator voted for the so-called 'Inflation Reduction Act,' yet Democrats are ignoring the warning signs and pushing forward with their tax and spend agenda. Images: ...

Last week’s report on economic output recharged speculation about whether the U.S. economy is in a recession. Gross domestic product shrank for the second quarter in a row, a common, but unofficial, ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...

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Federal Reserve Chairman Jerome Powell said the central bank must continue raising rates until it is confident inflation is under control. He spoke at the Kansas City Fed’s annual symposium in Wyoming ...

The government’s two main measures of US economic activity diverged in the first quarter, with one gauge painting a picture of weakness. Gross domestic product rose at a revised 1.3% annualized pace ...