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U.S. economy

U.S. President Donald Trump, Federal Reserve Chair Jerome Powell, and Director of the Office of Management and Budget (OMB) Russell Vought tour the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., July 24, 2025. (REUTERS/Kent Nishimura)
Jan 12, 2026

Trump team ramps up attack on Fed’s Powell with criminal indictment threat

Trump’s administration escalates pressure on the Federal Reserve, threatening an indictment of Chair Jerome Powell and raising concerns over Fed independence.

Renovations continue at the Federal Reserve Board building in Washington, D.C., November 14, 2025. (REUTERS/Elizabeth Frantz/File Photo)
Dec 10, 2025

Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds

The Federal Reserve cut interest rates but signaled a likely pause as policymakers await clearer data on jobs and inflation.

The Capitol is pictured in Washington on Dec. 20, 2024. (AP Photo/J. Scott Applewhite)
Oct 3, 2025

Federal shutdowns usually don’t do much economic damage. There are reasons to worry about this one

The government shutdown poses bigger risks as Trump threatens permanent federal job cuts while the economy faces slowing job growth and uncertainty.

A shopper passes by a display of large-screen televisions in a Costco warehouse in east Denver on Feb. 3, 2025. (AP Photo/David Zalubowski)
Aug 28, 2025

US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

The U.S. economy grew 3.3% in Q2 2025 after a weak first quarter, boosted by falling imports despite uncertainty from Trump’s trade tariffs.

Board of Governors of the Federal Reserve member Lisa Cook speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Federal Reserve building in Washington on Sept. 23, 2022. (AP Photo/Manuel Balce Ceneta, File)
Aug 26, 2025

Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

Trump moved to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations, sparking a legal battle that could reach the Supreme Court.

Basu
Jan 4, 2019

No downturn imminent, economists tell Md. bankers

Despite increased volatility from the stock market during the past month, economic growth should be expected to continue following a strong 2018, financial leaders and economists said at the Maryland […]

Financial Markets Year In Review
Feb 9, 2016

Cushman & Wakefield: Don’t sweat stock market struggles

Commercial real estate services firm Cushman & Wakefield’s macro economic report predicts another solid year in the U.S. Economy. Moderate growth of about 2.4 percent GDP is expected in 2016. […]

Aug 27, 2015

US economy surged at 3.7 percent rate second quarter

The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to greater spending by businesses and consumers. The economy as measured by gross […]

Economy
Apr 3, 2015

Pace of U.S. hiring weakens; 126K jobs added in March

The weakening U.S. economy spilled into the job market in March.

Dec 23, 2014

U.S. economy grew at 5 percent clip

The U.S. economy's annual growth rate in the third quarter, the fastest in more than a decade, was driven by strong consumer spending and business investment.

Aug 1, 2012

Fed says economy has slowed, takes no new steps

WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to boost growth if hiring remains weak. The […]

Feb 28, 2012

Consumer confidence up in February to highest level in a year

NEW YORK — Americans are feeling better about the economy again, but will it last this time? A widely watched barometer of consumer confidence surged in February to its highest […]