Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

President Donald Trump on Wednesday touted the latest gross domestic product (GDP) data that showed a rebound from the first quarter and also repeated his call for the Federal Reserve to cut interest ...

The size of the U.S. economy grew in the second quarter of this year by a lot — 3%, annualized. That’s after it contracted in the first quarter by 0.5%. But as is so often the case in economics and ...

The US economy bucked nonstop doom-and-gloom by economists — including some at Wall Street’s biggest banks — and reported stronger-than-expected growth in the second quarter, marked by a surge in ...

The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.

The U.S. economy bounced back in the second quarter amid an uptick in consumer spending and a decline in imports, as the value of American goods and services increased at a higher rate than expected, ...

WASHINGTON — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars. In an upgrade from its first estimate in July, the Commerce ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the year to get ahead of President Donald Trump’s tariffs. But a look under the ...