Category: Economy

If you're buying a house, refinancing a mortgage, or just keeping an eye on your wallet, understanding the Federal Reserve's interest rate decisions is crucial. These rates affect everything from borrowing costs for cars and homes to the returns you …Read more  »

The financial world is abuzz with anticipation as two of the leading financial institutions, Citigroup Inc. and JPMorgan Chase & Co., have revised their forecasts for the Federal Reserve's interest-rate cuts. The revisions come in the wake of robust employment …Read more  »

Inflation in the United States has reached a 3-year low, marking a significant milestone in the post-pandemic recovery. As the Federal Reserve approaches a pivotal decision to cut interest rates, many are left wondering what this means for the economy and …Read more  »

Remember the Great Recession? Yeah, not the best of times. The stock market crashed, people lost jobs and homes, and everyone was worried about the future. It felt like the world was ending, right? But just how long did it take …Read more  »

The onset of a recession in the United States is officially determined by the National Bureau of Economic Research (NBER), which defines a recession as "a significant decline in economic activity spread across the economy, lasting more than two quarters …Read more  »

Remember the stories your grandparents told about times being so tough they had to use a potato as a toy? Those tales might have been about the worst economic crisis in US history: The Great Depression. But hold on! Was that …Read more  »

When we talk about the US in economic crisis, it conjures images of high unemployment rates, shrinking GDP, and families struggling to make ends meet. It's a daunting term that holds a lot of weight. Yet, while everything may seem dire, …Read more  »

The U.S. economy continues to demonstrate its resilience, as evidenced by the robust GDP growth in Q2 2024. However, a closer look reveals emerging signs of cooling within the labor market, a trend that will likely shape the economic outlook …Read more  »

The economic landscape of the United States presents a complex and multifaceted picture, shaped by various factors including fiscal policies, global economic trends, and demographic changes. Looking ahead to the next decade, projections suggest a period of moderate growth, alongside …Read more  »