The U.S. economy shrank at a 0.3% annual rate in the first quarter of the year, the first decrease in national output since 2022. The decrease was due to a surge of imports, as people raced to buy ...

The University of Michigan’s index plunged to 47.6 in April—shattering the prior floor set during the 2022 inflation crisis.

A Wednesday report from the Commerce Department showed that U.S. gross domestic product declined for the first time in three years. However, economists and market strategists had mixed reactions to ...

President Trump’s escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of Michigan’s ...

For the economy, 2022 was a throwback year. And not in a good way. At times, it felt like the 1970s or early ‘80s. Inflation running rampant. The United States and its European allies engaged in a not ...

Sales of existing homes in March posted their biggest monthly decline in more than two years, after mounting economic uncertainty roiled the housing market at the start of the critical spring selling ...

People wait for the bus on Park Street in the Frog Hollow neighborhood of Hartford. Credit: Yehyun Kim / ctmirror.org A family of four in the northeastern U.S. needed to earn close to $151,100 in 2022 ...

The US job market continues to chug along despite heightened uncertainty about the economy and how President Donald Trump’s tariffs could shake out. The economy added a stronger-than-expected 147,000 ...

NEW YORK (AP) — U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war pushes fuel prices higher worldwide. According to motor club AAA, the ...