Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's vanquished inflation. He argues things have never been better for the American consumer, especially after predecessor Joe Biden's administration.

The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth.

Revised GDP data from the Commerce Department puts second-quarter economic growth at 3.8%. That could complicate things for the Federal Reserve, which tends to cut rates when the economy is struggling.

The U.S. economy grew at an annualized rate of 3.8% in the second quarter in the government's final estimate, besting a 3.3% rate issued in its second estimate and far exceeding a 3% initial estimate.

Wealthy Americans may not be able to power the economy with spending as much as some people think, BCA Research says.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad.

The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter.

The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous estimate of consumer spending.

On September 24th last year China’s officials decided to engineer a rally in the moribund stockmarket. The central bank, flanked by financial regulators, cut interest rates and bank reserve requirements.

And a weak jobs report will give bond investors confidence inflation pressures are easing. That could help push yields lower. Lower bond yields, particularly of the 10-year Treasury note, will translate into lower mortgage rates.