Treasury’s Bessent concedes some parts of the economy are already ‘in recession’

According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually ...

Scott Bessent says parts of the economy are 'in recession'

Bessent is the second Trump official to blame the Fed for a possible recession, even as most analysts believe tariffs are ...

Bessent Says Some ‘Sectors’ Of Economy Are In Recession

Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, ...

US Economy at Risk of Wobble as Lower-Income Consumers Get Squeezed

Research from the JPMorganChase Institute points to another risk. Analysis of its in-house database of account holders showed ...

Map Shows Which States Face Recession, and Which Are Growing

According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...

AI is keeping the US economy out of a recession

BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...

Could the government shutdown tip the US into a recession? Experts weigh in

Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...

Chipotle just sent a warning sign the Fed can’t ignore — is a Recession next?

Chipotle's latest earnings report raises alarms about potential US recession as CEO points to weaker sales among younger ...

Bessent says high US interest rates may have caused housing recession

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 ...
Texarkana Gazette

U.S. economy is slowing -- and the nation's top economists don't expect it to improve much over the next year

First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...

After recession fears in 2022, U.S. economy kept growing

The U.S. economy shrank over the first six months of 2022, amplifying predictions of a coming recession. It never happened, ...

Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, a Top Official Warns

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.