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U.S. Economy Grew 1.2 Percent in Q2

In the second quarter of 2016, the U.S. economy expanded less than anticipated at 1.2 percent. Economists initially predicted a 2.5 percent increase. However, Fed policymakers, who left interest rates unchanged earlier this week, said risks to the U.S. outlook ...

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Despite Struggles, Economy Grows Faster Than Expected in Q4

The U.S. economy grew at a faster pace in the fourth quarter than previously expected. The revised 1.4 percent increase is higher than the Commerce Department’s initial 1 percent increase. While slightly better than anticipated, corporate profits dropped in 2015 ...

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Federal Reserve Chair Cautious About Economy

Speaking before Congress yesterday, Federal Reserve Chair Janet Yellen signaled the central bank’s careful approach to future interest-rate increases, pointing to the accumulating risks to the global economy. Yellen acknowledged that the potential for a sustained slowdown in China and ...

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Strong Dollar Impacts U.S. Tourism

By all indications, the dollar will remain strong for the foreseeable future, which means that it will continue to create headwinds for foreign visitors interested in coming to the United States. International travelers often stay longer and spend more than ...

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Could the Economy Tank in 2016?

Last month, the Federal Reserve raised short-term interest rates for the first time in nearly a decade as the unemployment rate continues to decline. While the move demonstrated a vote of confidence in the U.S. economy, Americans are still feeling ...

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