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Federal Reserve Board Chairman Jerome Powell has been under pressure from President Trump to cut interest rates. Patrick Semansky/AP hide caption

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Patrick Semansky/AP

Fed Cuts Interest Rates For 1st Time Since 2008

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Federal Reserve Chairman Jerome Powell speaks during a news conference on May 1 in Washington, D.C. He is testifying before Congress this week about economic challenges. Mark Wilson/Getty Images hide caption

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Mark Wilson/Getty Images

Fed Chairman Powell Hints At Interest Rate Cut; Stocks Rally

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Shoppers wait in line at a Target store in Newport, Ky., on Nov. 29, 2018. Strong consumer spending boosted analysts' economic growth forecasts for the first quarter of 2019. John Minchillo/AP hide caption

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John Minchillo/AP

Workers weld drawers on the assembly line at the Metal Box International toolbox factory in Franklin Park, Ill. Many analysts estimate that U.S. economic growth picked up in the second quarter. Tim Aeppel/Reuters hide caption

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Tim Aeppel/Reuters

How Fast Did The Economy Grow? Forecasts Are All Over The Place

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Federal Reserve Board Chairman Jerome Powell faced questions before the Senate Banking Committee on Tuesday about the effects of President Trump's trade policies. Jose Luis Magana/AP hide caption

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Jose Luis Magana/AP

A screen above the trading floor of the New York Stock Exchange shows the closing number of the Dow Jones industrial average on Wednesday, Jan. 17, 2018. Richard Drew/AP hide caption

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Richard Drew/AP

As Trump Prepares For Big Speech, State Of The Economy Is Strong

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Tourists walk past a restaurant, closed in preparation for hurricane Irma, in Fort Lauderdale, Fla., on Sept. 7. The Bureau of Labor Statistics says a drop in U.S. jobs in September was likely reflecting the impact of hurricanes on workers — particularly restaurant employees who aren't paid if they aren't on the job. Michele Eve Sandberg/AFP/Getty Images hide caption

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Michele Eve Sandberg/AFP/Getty Images

Switzerland and Singapore lead the way in economic competitiveness, according to a global index that finds notable improvements in India and Panama. World Economic Forum hide caption

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World Economic Forum

Job seekers wait to speak with representatives during a Choice Career Fair this summer in Los Angeles. Patrick T. Fallon/Bloomberg via Getty Images hide caption

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Patrick T. Fallon/Bloomberg via Getty Images