Based on the latest economic forecast from the Federal Reserve Bank of Atlanta, the U.S. economy is moving from red-hot to boiling — a worrisome development for the Federal Reserve, and anyone else hoping interest rates won’t rise. But don’t panic yet: The Atlanta Fed’s GDPNow model estimate for real growth in gross domestic product … Read more
Opinions expressed by Entrepreneur contributors are their own. Navigating economic downturns can be as crucial as riding the waves of prosperity. In a slow economy, where revenue streams may shrink, savvy entrepreneurs look inwards, seeking ways to unearth hidden profits through cost-cutting and efficiency-boosting strategies. Reducing expenses without hampering the quality of goods or services … Read more
WASHINGTON (AP) — Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter. Together, the figures provided the latest signs that the Federal Reserve’s drive to tame inflation may succeed … Read more
Updated Jul 27, 2023, 12:28pm EDT Topline The U.S. economy grew faster than expected during 2023’s second quarter as it remains surprisingly resilient against an unfriendly macro backdrop and shakes off persistent predictions of a “looming” recession. recession. AFP via Getty Images Key Facts Gross domestic product rose by 2.4% on an annual basis during … Read more
Index Definitions S&P 500 Index: The Standard & Poor’s (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization US stocks. Risk Considerations Equity securities may fluctuate in response to news on companies, industries, market conditions and general economic environment. The value of fixed income securities will fluctuate and, upon a sale, may be worth more or less … Read more