Poll finds rising concern over shutdown impact on economy
Digest more
More than 7 in 10 Americans say current economic conditions in the country are "poor" or "very poor in a new CNN/SSRS poll.
Research from the JPMorganChase Institute points to another risk. Analysis of its in-house database of account holders showed inflation-adjusted income growth among those aged 25 to 54, a key consumer demographic, had slipped from around 3% annually to 2%, on par with the sluggish rate after the 2007-2009 financial crisis and recession.
Inflation is lower than expected after President Trump’s steep levies.
U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. Here’s why.
A new UT Austin poll finds Texans increasingly pessimistic about the economy and political leadership, with rising concerns over costs, weak approval ratings and early signs in the 2026 Senate race.
Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United States if peace can be achieved
Turns out that divergence is showing up in corporate America, too. Profits are surging at the biggest companies — while profits at smaller companies are more sluggish. When we’re talking about the biggest companies pulling in the most profits, we’re really talking about big tech companies.
The Congressional Budget Office issued projections Wednesday for three different scenarios about the length of the government shutdown as it nears a full month.
The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify” in the weeks to come, according to the Congressional Budget Office.
The Institute of Directors (IoD) has launched its fourth business economy survey and will share the responses with the States. The IoD said the questions would focus on business confidence, the issues facing organisations and potential solutions to the island's fiscal deficit.
In an interview with CNN’s “State of the Union” on Sunday, Bessent said he believed the economy was in a “transition period,” noting that the Trump administration has cut government spending, which he blamed for high inflation after the COVID-19 pandemic.