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The outlook for the American economy is suddenly much darker. Shoppers are seen here at Bryant Park in New York

A one-two punch for the US economy

By Charles Riley, CNN Business The outlook for the American economy is suddenly much darker. Investors around the world sold stocks and oil prices dropped sharply on Monday as Omicron cases surged and governments imposed anti-virus measures that could hamper economic growth. But the US faces a second potential blow after Sen. Joe Manchin, a

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The outlook for the American economy is suddenly much darker. Shoppers are seen here at Bryant Park in New York

A one-two punch for the US economy

By Charles Riley, CNN Business The outlook for the American economy is suddenly much darker. Investors around the world sold stocks and oil prices dropped sharply on Monday as Omicron cases surged and governments imposed anti-virus measures that could hamper economic growth. But the US faces a second potential blow after Sen. Joe Manchin, a

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Goldman Sachs cuts US economic forecast after Joe Manchin rejects the Build Back Better bill. Manchin is seen here at the Capitol in Washington

Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better

By Matt Egan, CNN Senator Joe Manchin’s opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US economic outlook. The Wall Street firm told clients Sunday it no longer assumes President Joe Biden’s signature legislation will get through the narrowly divided Congress, citing the West Virginia Democrat’s announcement that he’s

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