Bessent is the second Trump official to blame the Fed for a possible recession, even as most analysts believe tariffs are ...
According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually ...
Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, ...
Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, ...
Research from the JPMorganChase Institute points to another risk. Analysis of its in-house database of account holders showed ...
According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
Chipotle's latest earnings report raises alarms about potential US recession as CEO points to weaker sales among younger ...
The U.S. economy shrank over the first six months of 2022, amplifying predictions of a coming recession. It never happened, ...
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