An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...

Middle-income Americans are pulling back, splitting from the top earners who are still driving the majority of growth. The wealth gap in America is taking a new shape — and it’s no longer just a ...

The K-shaped economy is as apparent as ever, and isn't going away anytime soon, economists said. It's now seen as more of a facet of the modern U.S. economy than a passing fad. This disparity can help ...

The US economy picked up steam in the beginning of the year as the United States and Israel launched a destabilizing war with Iran that has jacked up prices and is still ongoing. Gross domestic ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Roger W. Ferguson Jr. is the Steven A Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations. Maximilian Hippold is a research associate at CFR. Iran’s closure ...

From markets to spending to debt, usually reliable indicators that forecast where the economy is headed are proving deeply fallible. By Patricia Cohen Patricia Cohen is the global economics ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development. By Paul Sonne Reporting from Berlin For four years, President ...

In 2025, one of the biggest business buzzwords has been the idea of a "K-shaped" economy, in which there is a growing disparity between the rich and the poor. Let's take a cue from "Sesame Street" now ...