Economy

Standard & Poor's global head of sovereign ratings David Beers comments on the ratings agency's decision to downgrade U.S. debt from AAA

The downgrade to U.S. debt means the American ego will take a hit, and consumer spending relies heavily on how we all feel about the economic outlook

It will take a few years, and a whole lot of economic impacts, before we return to top-notch status

New York bureau chief Heidi Moore discusses what Standard & Poor's downgrade of America's credit rating will mean for consumers and whether it's time to panic.

Three years ago, Norwalk Furniture was about to close for good. That didn't sit well with a dozen Ohio families, who now run the company

Are we spending or saving? What's behind the growth in auto sales? Are U.S. companies hiring or firing? Yes, depending on your perspective.

Richard Dekaser on the possibility of another recession, and the reality of what he calls our current 'growth-recession'

The debt limit crisis may be over for now, but where does that leave the U.S. economy? Can Wall Street have confidence in U.S. credit again, and are we in a double-dip recession?

The threat of default may have been averted, but the U.S. economy is sputtering, and the debt deal's spending cuts could hurt the recovery

Moody's Analytics chief economist Mark Zandi says that the debt deal is a good first step, and that he expects the U.S. to keep its top-notch credit rating.