Joshua Shapiro

The resiliency of the U.S. economy is now being questioned after Tuesday's economic data report indicates cracks are starting to appear. According to Bloomberg, Tuesday's "abrupt" drop in the Institute for Supply Management's services gauge to a multi-year low represents yet another weak data set...

The Commerce Department reported on Friday morning that Gross Domestic Product (GDP) in the third-quarter rose two percent, which was better than consensus estimates from economists of 1.8 percent. In the second-quarter, GDP rose 1.3 percent, so Friday's data shows that the economy has accelerated...