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.

From homebuilding to trucking, major parts of the US economy are in deep trouble. The weakness could drag the whole country into a recession.

The only thing Trump has done to make any Americans better off is to cut taxes on the rich and big corporations. He did this in his second term. It was also his major economic policy in his first term (which he promised would result in $4,000 annual raises for everyone else. How did that work out? Did you get a $4,000 raise?)

War-time decision makers must be ready to relax their grip on the economy, give other decisionmakers latitude to move freely, and let the market process operate.

The US economy has proven more resilient than many feared, but one Wall Street veteran says that a recession is only being held back by tech. Jim Paulsen, a markets strategist with more than 40 years of experience on Wall Street, argued that most of the ...

Dissatisfaction among Americans continues to grow because of rising prices and uncertainty about jobs, and this is apparent in President Donald Trump's falling approval ratings. Yet his recent State of the Union address emphasized that the US economy is ...

Tariffs, and now fallout from the war in the Middle East, have been counterproductive to the president's economic goals.

The American Dream is one of our nation’s most cherished ideals, and yet the public increasingly believes it is out of reach for most people. Even the Wall Street Journal acknowledges that America is becoming a nation of economic pessimists. If Americans ...

CBS News business analyst Jill Schlesinger breaks down when Americans could see relief at the gas pump and how the temporary Iran ceasefire could impact consumer spending and the U.S. economy.