Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S ...
Treasury Secretary Scott Bessent has warned that the U.S. economy is showing signs of strain, and that if the Federal Reserve ...
At the epicentre of the financial alarm is a forecast from a Federal Reserve official, who, despite remaining unnamed in ...
Goldman Sachs' (NYSE:GS) seesaw recession predictions on April 9 are a clear indication that much remains unclear when it comes to the possible implications for the US economy. That day, the firm ...
Discover why stocks are sliding: recession risks, Fed uncertainty, and massive AI spending are reshaping market optimism and ...
Bessent added that Americans will feel relief next year as Trump’s tariffs, trade deals and “big, beautiful bill” set in.
Markets continue to advance despite continuing concerns around valuations, inflation, and the deteriorating jobs market. Economic growth is primarily being driven right now by a surge of tech spending ...
What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...
Polymarket and Kalshi traders' perceived probability of a recession this year has plunged recently. Both prediction markets surged in popularity after users called Trump's election win in November.
To count as a recession, the economy has to have “two consecutive three-month quarters in negative territory”, said The ...