Page 69 - Us Economy

Signs of recession worry Trump ahead of 2020 election as fear grips market

The financial markets signalled the possibility of a US recession this week, sending a jolt of anxiety to investors, companies and consumers

Trump's deficit economy

Redistribution from the bottom to the top reduces aggregate demand, because those at the top spend a smaller fraction of their income than those below

US govt deficit widens to $120 bn due to healthcare, military spending hike

The US government's fiscal position has deteriorated since 2016, hit by an aging of the population that has led to more people drawing on Medicare, a federal health insurance program for the elderly

Won't devalue dollar amid escalating trade war with China, says Trump

Inside the White House, hawks have been pushing for a direct intervention in currency markets by the Treasury by pointing to a slowdown in US manufacturing

US economic growth slows in Q2, 2018 falls below Trump's target

New data shows the world's largest economy actually slowed in the year after Donald Trump pushed through a sweeping tax overhaul.

US economy accelerates in first quarter of 2019; GDP growth at 3.1%

The figure confirms that the economy got off to a solid start this year

From Caterpillar to Coca-Cola, America Inc's stockpiles set to hit US GDP

Bottlers stocking up ahead of a potentially disruptive Brexit added to Coke's first-quarter profits

Are superstar companies killing competition and taking over the US economy?

If competition is dying, govt needs to attack the problem somehow - blocking mergers, breaking up cos, or enacting policies like minimum wages and union-friendly laws that balance out corporate power

US economy posts 3.2% growth in first quarter on shrinking trade deficit

Fears of a recession were stoked by a brief inversion of the US Treasury yield curve last month

How to say the 'R-word': Bank executives in US grapple with recession talk

Although many economists are predicting a downturn, a big bank executive doing so can become a self-fulfilling prophecy

Los Angeles County, the home of Hollywood that crowns American economy

More than 10 million people live in Los Angeles County, making it the most populous county in the country

Fed Reserve Bank's Evan says US economy solid even as bond yields slide

The yield curve inverted on Friday for the first time since mid-2007

Market concentration is hurting US economy

The federal budget deficit will reach $900 billion this year, and will surpass the $1 trillion mark every year after 2021

Record-long govt shutdown clouds outlook for consumer-driven US economy

Consumer spending accounts for about two-thirds of US economic activity, and the 4% jump in household spending on goods last year was a major reason the economy probably grew by a healthy 3% in 2018

Broadest growth slowdown in decades taking a toll on US economy

Broadest slowdown in growth signal US economy flashes warning signs of impending slowdown: Kemp

Economy is strong. Leadership is shaky. Which will win out in 2019?

The boom year of 2018 may be unlikely to repeat itself

US economy may face stagflation: ex-Fed chief Alan Greenspan warns

Greenspan, who famously warned more than two decades ago about "irrational exuberance" in the stock market, also said the party's over on Wall Street

'Sharper' US slowdown in 2020; recession unlikely, says top IMF economist

The IMF has already revised downward its 2019 growth prediction for the US, to 2.5% from the 2.8% expected for this year

Free enterprise nation: Innovation gets capitalism working in the US again

Capitalism in the US benefits from established bankruptcy law, relatively low taxes, and the protection of intellectual property.

US recession likely in two years, risk Fed delivers fewer hikes: Poll

GDP growth is then forecast to slow to 2.0-2.5 percent throughout 2019 and then down to 1.8 percent by mid-2020