Business
US economic growth slowed to 1.5% in second quarter
American economic growth decelerated to 1.5% in the second quarter, missing consensus expectations as rising energy costs and import demand weighed on the economy.
Topic
US economy
News
Gas prices top $4 a gallon as U.S.-Iran conflict escalates
National gas averages have climbed above $4 a gallon amid renewed U.S.-Iran hostilities and a naval blockade of the Strait of Hormuz. The price spike highlights growing global supply concerns as shipping volumes through the vital maritime chokepoint drop to three-week lows.
Business
Rising US stock market leverage sparks investor concerns over systemic risk
Record margin debt and heavy reliance on leveraged derivatives are fueling concerns that the U.S. stock market is vulnerable to a liquidation cycle. Analysts warn that this aggressive rally is becoming disconnected from underlying economic and fiscal realities.