Business of America

GDP Growth Unexpectedly Revised Higher for First Quarter

The U.S. economy grew at a significantly swifter pace than previously estimated during the first three months of the year. Gross domestic product, the government’s broad economic scorecard, rose at a 2.1 percent annual rate in the January through March

WASHINGTON, DC - JUNE 24: U.S. President Donald Trump attends a meeting with NATO Secretar

Bessent: Our Strength Comes From What We Can Build

Treasury Secretary Scott Bessent on Tuesday laid out a doctrine of “economic statecraft,” telling the Economic Club of New York that the United States would wield its economic power “in service of our sovereignty” and warning that a country unable

Scott Bessent, US treasury secretary, during an Economic Club of New York (ECNY) event in

American Beverage Association Announces Major Design Change to Improve MAHA and Transparency

The American Beverage Association (ABA) is taking its ingredient transparency initiative, GoodtoKnowFacts.org, to a new level, announcing a new initiative advancing the Trump administration’s Make America Healthy Again (MAHA) agenda with an industry-wide design change to the front of every bottle, giving consumers immediate digital access to the GoodToKnowFacts website.

A customer shops as bottles of Coca-Cola Co. brand soda sit on display for sale inside of

Business Inflation Expectations Edge Down to 2.3%

The Federal Reserve Bank of Atlanta’s monthly survey of where businesses see inflation going showed the median expectation is for unit costs to rise 2.3 percent over the coming year, down from 2.4 percent a month earlier.

Group Of Business People Having Board Meeting Around Glass Table.

Meta Launches Program to Give Free AI-Powered Smart Glasses to Blind Veterans

Mark Zuckerberg’s Meta has launched a nationwide program to provide Ray-Ban Meta AI glasses at no cost to every blind veteran in the United States, offering transformative assistive technology to more than 130,000 eligible veterans. One blind veteran explains that when he got a pair of AI smart glasses, “I got my independence back.”

Mark Zuckerberg wearing his AI glasses

Factory Orders Show Resilient American Consumer

American consumers are still spending on big-ticket goods, according to April factory orders data released Wednesday by the Census Bureau, with orders for consumer durable goods running 8.5 percent above last year’s pace and motor vehicle demand surging. Consumer durable

Carefree woman leaning out from car window with arms outstretched