Economy

Business economists are sounding some sour notes about Trump administration policies, from trade to immigration to the budget.

A historical analysis from the 1960s shows that yield curve inversion isn’t sufficient to establish a recession is looming.

New York City’s economy grew 2.7% in the second quarter, as its unemployment fell to a historic low.

Gross domestic product won’t rebound to levels predicted before the Great Recession, researchers write in the latest Economic Letter from the Federal Reserve Bank of San Francisco.

GDP will be stronger this year than in 2017, but will dip in 2019, while inflation will also spike this year before moderating next year.

The Puerto Rico Economic Empowerment Act of 2018 would implement some of the recommendations made by a congressional task force as well as provisions left out of disaster relief legislation, according to the two Republican senators who offered it.

New Jersey, Pennsylvania, and other states are hoping to capitalize on gaming legalized by the Supreme Court's decision on Monday.

The quarterly update showed growth slowed from 3.4% amid declining commercial leasing activity, and sluggish private sector job growth.

While the current economic situation can be called “unique,” Federal Reserve Bank of San Francisco researchers believe the yield curve inverting would signal an upcoming slowdown.

Revel, the failed $2.4 billion casino in Atlantic City, New Jersey, built as a high-end playground for Wall Street bankers, sold for $200 million to a Colorado developer who plans to reopen it under the name Ocean Resort Casino.