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Chart showing US September Retail Sales increase compared to previous months.
economic growth

US September Retail Sales Rise, Beating Expectations

U.S. retail sales in September increased by 0.4%, surpassing expectations and indicating strong economic growth for Q3. This rise follows a 0.1% increase in August. While recovery signs emerge, a F...

Daron AcemogluNobel Prize winners Daron Acemoglu, Simon Johnson, and James A. Robinson with their awards.

Daron Acemoglu, Simon Johnson, and James A. Robinson Win 2024 Nobel Prize in Economics

In 2024, the Nobel Prize in Economic Sciences was awarded to Daron Acemoglu, Simon Johnson, and James A. Robinson for their groundbreaking research on the formation of institutions and their impact...

BlackRockA graph showing projected Federal Reserve interest rate cuts by early 2025.

BlackRock Predicts Gradual Fed Rate Cuts By Early 2025

In a recent report, BlackRock analysts foresee a gradual reduction in Federal Reserve interest rates, targeting around 3.5% by early 2025 due to steady economic growth. The anticipation is for a no...

Economic GrowthFederal Reserve Governor Kugler discusses economic strategies

Federal Reserve Governor Advocates Balanced Approach to Inflation

Federal Reserve Governor Kugler has called for a balanced approach to tackle inflation, emphasizing the importance of employment and economic growth while considering interest rate adjustments if r...

Economic GrowthGraph showing projected U.S. economic growth and unemployment rates for 2024

U.S. Economic Growth Set to Slow with Higher Unemployment in 2024

A recent NABE panel forecasts a decline in U.S. economic growth to 1.8% in 2024, with unemployment projected to rise to 4.4%. The Federal Reserve's policies play a crucial role in these predictions...

economic growthIllustration of U.S. economic trends for 2024 with graphs showing growth and unemployment projections.

Economic Outlook 2024: Slower Growth and Rising Unemployment

Economists predict a downturn in U.S. economic growth to 1.8% in 2024 with a slight rise in unemployment to 4.4%. Key influences include Federal Reserve policies and overall economic risks. Is a re...