Economists say AI spending has kept the economy out of recession. When it slows, the effects could be widespread.
America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. But hiring is at a standstill, inflation is rising, loan defaults are abundant and Americans ...
The Fed on Wednesday said the economy "has been expanding at a moderate pace," but it also said the risks of rising ...
Wall Street’s good times are rolling, for now, despite persistent inflation, the government shutdown and a slowing job market ...
Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...
Turns out that divergence is showing up in corporate America, too. Profits are surging at the biggest companies — while ...
As Nvidia hits $5 trillion, AI firms now account for a major portion of U.S. market value—raising questions about growth, concentration, and stability.
Strong second-quarter earnings have been led by financial and tech firms, but they've offered little evidence of robust consumer health What's the real story on the economy? The U.S. stock market has ...
Fed Chair Jerome Powell acknowledged Wednesday that the soaring stock market is helping support consumer spending — and the ...
Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ...
Ticketmaster's CEO made waves with a recent comment that event tickets are underpriced. Economics 101 backs him up. So why do ticket prices seem so out of control?