What ending DACA could cost the U.S. economy
DACA has allowed hundreds of thousands of young immigrants to study and work freely in the U.S., allowing them to contribute more to the national GDP and in federal taxes.
Watch 7:31
What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy
The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on…
Is the rise in U.S. corporate debt cause for concern?
SEC chairman Jay Clayton said the U.S. corporate debt of almost $10 trillion, which equates to half of the nation's annual GDP, "should attract our attention."…
Watch 10:23
Can an infusion of public R&D investment revitalize a lagging economy?
The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and…
The new estimate was lower than the government's initial estimate a month ago of 2.1% annual growth.
The shutdown's biggest effect on the economy is likely to be the cutback in federal spending. But consumer spending is another important factor.
The National Association of Manufacturers warns 2.4 million manufacturing jobs could go unfilled by 2028, but some economists say the situation is not as dire as it seems.
The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who spent their tax cuts and exporters who rushed to get their products delivered ahead…
The sharp gain in median household income last year may also signal a turning point in the decades-old disconnect between middle-class earnings and overall economic growth.
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