Shutdown impact: What it means for workers, federal programs and the economy

One estimate from Oxford Economics said a shutdown reduces economic growth by 0.1 to 0.2 percentage points per week. A ...

Bessent says government shutdown 'starting to cut into muscle' and economy may be losing billions per day

Treasury Secretary Scott Bessent warned the ongoing government shutdown could cost the U.S. economy up to $15 billion weekly ...

The Nation’s Biggest Banks Are Saying the Economy Is Still Strong

A boom in dealmaking and higher spending point to a healthy economy, while bears are watching frothy stock prices and a ...

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy.

US Economy Warning Issued as Shutdown Hits Americans

The federal government shutdown, which began on October 1, is now in its third week with no resolution in sight.

Jamie Dimon warns of 'cockroaches' in US economy as credit concerns grow

JPMorgan Chase CEO Jamie Dimon warned of credit risks lurking in the economy, comparing them to cockroaches after failures of ...

Air Canada Elevates Economy Experience With Free Alcohol Service

Air Canada has announced that economy passengers on all flights will be served complimentary beer, wine, and snacks starting ...

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

JPMorgan, Citigroup and Wells Fargo all used "resilient" to describe U.S. consumers — even as they grapple with tariffs and a ...

DBRS boosts Italy's ratings on resilient economy, expectations of stability in debt ratio

DBRS Morningstar upgraded Italy's credit rating to 'A low' from 'BBB high' on Friday, underpinned by improvements that ...

Airline changes plane configuration, removes reclining ability from economy seats

Passengers traveling on Canadian airline WestJet will soon have to pay for the ability to recline certain seats aboard a ...