Economists say AI spending has kept the economy out of recession. When it slows, the effects could be widespread.

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 ...

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data ...

Wall Street’s good times are rolling, for now, despite persistent inflation, the government shutdown and a slowing job market ...

If you want to terrify yourself about investing, hole up some place and read Andrew Ross Sorkin’s book “1929.” These two ...

Will Congress shut down the US government? Discover the real impact on markets, jobs, and your money in this urgent analysis.

Born during the Biden administration, the market’s bull run almost ended in April, but stocks got a second wind with the ...

Economist Mark Zandi says the volatility in stocks is a reminder that the "wealth effect" can have an impact on consumer ...

It is becoming increasingly clear that the U.S. economy only has two key drivers right now. The first is massive fiscal deficit spending that has run between six and seven percent of GDP in recent ...

Earlier federal data indicated inflation continued to rise last month, as surveyors said rising prices remain at the “forefront” of consumers’ minds.

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ...

Gary Cohn, IBM vice chair and director of the National Economic Council in the first Trump term, said for companies in a "very difficult environment," cutting down on the cost of labor is "the one ...