The large services side of the economy grew in November for the sixth month in a row and inflationary pressures eased, but businesses were taking a cautious approach to hiring and investing due to lingering “tariff uncertainty.

The president’s approval rating fell to 42% while his disapproval rating rose. A greater share of respondents disapproved of Trump’s handling of the economy.

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs.

The UCLA Anderson Forecast released Wednesday predicts the state and nation will muddle through a weak jobs market until the economy picks up next year.

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.

President Trump is growing frustrated as Americans struggle with higher prices and pessimism over the state of the economy.

The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income households struggle with stagnant wages and inflation. The divide explains economic puzzles: Strong stock markets and corporate profits coexist with sluggish hiring and mounting financial strain for lower-income and middle-class Americans.

British scientific journal Nature retracted a climate study due to data reliability issues, particularly problematic information from Uzbekistan that skewed results.

Japan's economic revitalisation minister, Minoru Kiuchi, called on the central bank to closely communicate with the government in setting monetary policy on Friday, but did not voice opposition to a near-term interest rate hike.