Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

But a newly updated forecasting tool from the Federal Reserve Bank ... the Atlanta Fed's GDPNow model is forecasting a 3.7% contraction in the U.S. economy for the first quarter.

A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is ...

U.S. manufacturing returned to contraction in March as demand weakened and input prices surged to a near three-year high. ISM Prices Index jumped to 69.4%, the highest since June 2022, driven by ...

Wall Street and a closely watched forecasting tool both took a gloomier view of projected first-quarter U.S. economic growth after a pair of downbeat data releases Friday The GDPNow tracker ...