Author: Paul Davidson, USA TODAY

The U.S. economy grew 2.4% in the second quarter. Recession fears still loom amid high interest rates and inflation, though they’ve eased recently.

Due to COVID, automation and generative AI are likely to eliminate jobs sooner than expected. Another 12M workers are likely to switch fields by 2030.

FedNow instant payment service goes live, allowing money transfers in real time, 24/7. But adoption by banks, consumers, businesses will take time

With inflation finally falling sharply, the Fed’s aggressive interest rate hikes shouldn’t get the credit, some economists say.

More prime-age women than ever are working or job hunting as jobs lost in COVID return, flexible work options increase.

Americans are working fewer hours than they did before COVID. Reasons include more flexible schedules and employers’ reluctance to lay off employees.

The Supreme Court’s ruling Friday striking down Biden’s plan to forgive about $400 billion in student loans is likely to hurt a weakening economy.

In a speech Wednesday in Chicago, Biden says his “Bidenomics” policies have boosted the economy. A look at their benefits and flaws.

Fed has raised interest rates at fastest pace in decades to make it costlier for consumers, businesses to borrow. Less demand should curb inflation.

When will the Fed start lowering interest rates? Its recent forecast for two more rate hikes this year has pushed out estimates for rate cuts.