Business

Economic Outlook and Social Media Case Update

Updated 2026-08-26 17:40 UTC 2 sources Neutral

The U.S. economy is expected to slow down after a strong second quarter of consumer spending. Meanwhile, Meta faces a landmark social media case with a settlement worth $17 billion.

Coverage timeline — 2 articles

The Hill

Meta settles in for $17B in landmark social media case

Plus: 🎤Looking back on Dolly Parton’s legacy {beacon} It’s Wednesday. How many Dolly Parton videos did you watch yesterday? Send us some of your favorites and we’ll share throughout the week. We’ll get it started with this classic duet with Kenny Rogers. In today's issue: Meta

2026-08-26 17:04 UTC

MarketWatch

The U.S. economy is better than it looks — but it might be due for a slowdown

Consumer spending soared in the second quarter. A repeat is unlikely.

2026-08-26 17:31 UTC