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An economy is a system of production and consumption activities that determine how resources are allocated among all of its participants. Learn how it works.

The enduring strength of consumer spending, which powers two-thirds of America’s economic output, has been the main reason that the United States has evaded a recession through successive drubbings over five years: roaring inflation, a rapid run-up in interest rates and a barrage of tariffs.

The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic Analysis (BEA ...

The Global Economy Is Poised for More Growth. The IMF pared its global growth forecast for this year, but it is still above 3%. Plus, investment newsletter commentary on seasonal stock patterns, bank’s boffo earnings,