The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3
While some on Wall Street are worried about a recession, recent economic data show that GDP growth is…
American Express exceeds profit expectations on robust spending
By Niket Nishant (Reuters) -American Express surpassed Street estimates for second-quarter profit on Friday, fueled by resilient spending…
US consumer spending falls; tariff-related boost to inflation awaited
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive…
Elon Musk Discovers That Serious Spending Cuts Are ‘Really Difficult’
CNP/AdMedia/Sipa/Newscom As recently as March 27, Elon Musk was still confident that the Department of Government Efficiency (DOGE),…