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

Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

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

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.

In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.

US Treasury Secretary Scott Bessent acknowledged on November 3, 2025, that certain sectors of the US economy are experiencing ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

If you feel like you're in a recession, it could just be where you live, says economist Mark Zandi. He says 70% of states are in or nearing recession.

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

US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due ...

Discover how ample liquidity and careful Fed policies are driving U.S. economic growth despite recession fears.

The stock market continues to do well and GDP growth is strong, while nearly every other measure of economic activity has stagnated or is in deep decline. Why?