Billionaire hedge fund manager Ray Dalio has issued a stark warning about the U.S. economy, citing an escalating debt crisis as the Trump administration...
Consumer spending saw a sharp decline in January, raising concerns about a potential slowdown in economic growth, according to a Commerce Department report released...
Consumer Spending Signals Strong Demand
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending in early 2025 suggests the Federal Reserve may...
Federal Reserve Chair Jerome Powell expressed optimism about the U.S. economy Wednesday, citing its resilience as a reason for the central bank’s cautious approach...