While spending soared to almost $12 billion, per one estimate, the data shows a more complicated economic picture.
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Is the US economy really ready for the impending AI bubble burst?
AI-based economy of the United States is currently built upon speculation and rising debts and it can burst leading to huge ...
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales.
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job growth likely picked up moderately in September, while the unemployment rate held steady near a four-year high of 4.3%, consistent with sluggish labor ...
US employment growth exceeded forecasts while the jobless rate ticked higher in September, illustrating a tenuous labor market that is unnerving American consumers.
The story of manufacturing in this country is often told through steel, energy or technology. However, one industry that ...
The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick from 3.3% in 2024 but an ...
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Rethinking Economic Growth
The following is an excerpt from the forthcoming book, “Rethinking Economic Growth,” by Dan Varroney. The United States is the largest and most productive economy in the world, by a wide margin. But ...
(Reuters) -U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the ...
These days, you don’t have to be a Rockefeller financier to know that the US economy is on shaky ground. Utility bills are going through the roof, imported goods are skyrocketing in cost, and job ...
Below, Gene Ludwig shares five key insights from his new book, The Mismeasurement of America: How Outdated Government Statistics Mask the Economic Struggle of Everyday Americans. Americans keep ...
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