Manufacturing activity shrank for the second straight month, posting the worst showing in a decade. Stocks fell and recession fears deepened.
Author: Paul Davidson, USA TODAY
Americans, behind in the race to build retirement savings, take steps to catch up
Most Americans say they’re behind in their retirement savings, but they’re willing to take these steps to catch up, a survey shows.
Why the Dow has rebounded from turmoil in August and is nearing a new record
Stocks were set to close hire Friday for the eighth straight day and third week. The market has rebounded from August plunge and nears a record high
Exclusive: Small business support for Trump ebbs, but experts say he can reclaim voters
More small businesses prefer a Democrat than Trump in the 2020 election, a new survey shows. That represents erosion of his traditional support
Workers are putting in fewer hours. Is that a sign a recession is coming?
Americans have worked fewer hours this year amid a trade war and global slowdown. That could foreshadow a slowdown in hiring, even a recession.
Economists question whether a payroll tax cut would be worth ballooning the deficit
Trump administration officials are reportedly considering a payroll tax cut. But economists say the modest benefit may not be worth a bigger deficit
Trump is pushing the Fed for a big rate cut. But would it help or hurt the economy?
President Trump is calling on the Fed to cut interest rates by a full percentage point. But such a step carries risks for the economy and markets.
Economy added solid 164,000 jobs in July, underscoring solid economy
Employers added solid 164,000 jobs in July. Economists expected 165,000 gains.
As recession fears hovered, economy grew more slowly at 2.1% from April through June
The economy grew 2.1% in Q2 as a pullback in business stockpiling and exports offset strong spending by consumers. Recession fears continue to loom.
A ‘troubling signal’ for the economy is fewer goods being shipped across the country
Retailers and manufacturers are shipping fewer goods by truck, rail and air. That’s adding to concerns about a possible looming recession