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New economic data on slowing economy, persistent inflation
Updated: 10:13 AM EDT Jul 30, 2026 Editorial Standards ⓘ New economic data on slowing economy, persistent inflation Updated: 10:13 AM EDT Jul 30, 2026 Editorial Standards ⓘ WASHINGTON — The Commerce Department released key…
US economic growth slows sharply in second quarter
Growth in the US slowed unexpectedly in the three months to June, according to official figures. The Commerce Department said the US economy grew at an annual rate of 1.5% in the second quarter, down from 2.1% seen in the first three months of the…
America's greatest trade advantage was never just its economy
As U.S., Canadian, and Mexican officials continue negotiations over the future of the United States-Mexico-Canada Agreement (USMCA) after Washington declined to renew it in its current form, much of the discussion has focused on tariffs, rules of…
China's top leaders pledge incremental measures to support economy
China pledged on Thursday to accelerate fiscal spending and adopt 'incremental policies' that boost economic growth in the year's second half, after the second quarter brought a worse-than-expected slowdown. SCROLL TO CONTINUE WITH CONTENT The…
Economy expanded at 1.5% rate in second quarter of 2026
The economy grew at an inflation-adjusted 1.5% annual rate in the second quarter, the Bureau of Labor Statistics reported in a preliminary estimate of gross domestic product. The reading, which is the first of three estimates for second-quarter…
Macroscope | Upper arm of China's K-shaped economy both a blessing and a curse
Ever since the Covid-19 pandemic erupted, concerns about “K-shaped” economies have proliferated. When it comes to describing business cycles, economists and investors have often used letters of the alphabet, yet it is the emergence of…
US economic growth slows to 1.5% in second quarter
US economic growth slowed in the second quarter, underperforming economists' expectations and adding another wrinkle to the Federal Reserve's path forward, even as consumer spending remained strong. GDP rose at an annual rate of 1.5%, the Commerce…
Philadelphia's 'LeBron economy' is going to create a ton of value for only $3.8m
Welcome back to MoneyCall, The Athletic 's weekly sports business cheat sheet. First, a quick favor to ask of this community: If you have colleagues, friends or family who might enjoy this weekly analysis of the latest in money, power and attention…
Moms Are Showing Us That Child Care Is An Economic Issue
Every company wants a productive workforce, but for many moms, one of the biggest obstacles to getting through the workday begins before they ever arrive at work. Every company wants a productive workforce, but for many moms, one of the biggest…
US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
WASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserve's favored measure of inflation grew more slowly last…
Key Inflation Meter Cooled Last Month-But Economic Growth Slowed In Second Quarter
The Federal Reserve's go-to inflation metric fell from a nearly three-year high in June as economic growth was slower than expected this latest quarter, according to federal data published Thursday, as persistent concerns about rising consumer…
US economy grows sluggish 1.5% in second quarter as inflation tops Fed target
The US economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve 's favored measure of inflation grew more slowly last month, but remained above the…
Economy grows a sluggish 1.5% with inflation remaining high - TT
Shoppers browse appliances for sale in Colma, Calif. (David Paul Morris/Bloomberg) The U.S. economy grew at a 1.5% annual rate from April through June, slowing from 2.1% in the first quarter and missing economists' expectations. Consumer spending…
PCE Inflation Cools, Economy Strong As Markets Test Warsh Fed
The Fed's primary inflation gauge, the core PCE price index, was a bit tamer than expected in June, while second-quarter GDP growth missed economist forecasts. S&P 500 futures, which rebounded overnight on strong Microsoft (MSFT) earnings…
U.S. economy slowed in second quarter as Iran war weighs on growth
The nation's gross domestic product grew at an annual rate 1.5% in the second quarter, the Commerce Department said Thursday, weaker than economists expected and a sign the Iran war is hurting growth. Economists polled by Reuters predicted GDP…
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