Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading
Aug 23 Watch 6:04 Why recent stock market gains might not benefit the economy By Paul Solman This week has marked the longest uninterrupted stock market gains in U.S. history, thanks in part to a steady economic recovery now nine years old. But another driver is the growth of stock buybacks: companies purchasing their own shares. Whether… Continue watching
Aug 22 What the longest bull market in history means for the economy and your investments By Gretchen Frazee Wednesday marked the longest bull market in the stock market's history, and financial analysts say the economy is strong enough that the gains could continue. Continue reading
Aug 17 Where White House touts a boom, most economists see a blip By Josh Boak, Christopher Rugaber, Associated Press Is the latest pickup in U.S. economic growth destined to slow in the years ahead as most analysts say? Or, as the Trump administration insists, is the economy on the cusp of an explosive boom that will reward Americans?… Continue reading
Aug 13 AP fact check: Trump’s claims on ‘record’ GDP, jobs and the Russia investigation By Hope Yen, Christopher Rugaber, Associated Press President Donald Trump is distorting the truth on U.S. economic growth and jobs, pointing to record-breaking figures that don't exist and not telling the full story on black unemployment. Here's a closer look at his claims. Continue reading
Aug 09 Opinion: Positive growth? State income data paints an uneven picture By John Komlos Half of the states in the U.S. experienced a decline in real median household income between 2000 and 2016. Continue reading
Aug 07 AP fact check: Trump’s claims on economic gains overstated By Christopher Rugaber, Associated Press President Donald Trump is grossly overstating the extent of U.S. economic and job gains. Here's a closer look at his claims. Continue reading
Aug 03 Will the economic boom complicate efforts to curb immigration? By Colleen Long, Associated Press One of President Donald Trump's priorities, low unemployment, is complicating another: curbing immigration. Continue reading
Jul 30 AP fact check: A look into Trump’s claims on ‘historic’ economic gains By Hope Yen, Josh Boak, Christopher Rugaber, Associated Press President Donald Trump exaggerated his role in boosting U.S. economic growth, falsely claiming full credit for positive economic news and inaccurately declaring a "historic" turnaround. Continue reading
Jul 27 WATCH: Trump claims U.S. is ‘economic envy of the entire world’ By Jill Colvin, Associated Press Trump is celebrating data showing the U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. Continue reading