Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, ...
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Bessent says US housing market in 'recession' due to Federal Reserve interest rate policies
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 ...
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.
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
Discover what a "soft landing" means in economics, its historical significance, how central banks aim to achieve it, and its impact on inflation and economic growth.
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 ...
US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due ...
According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually ...
A close observer of the economy might be tempted to ask, “What is going on?” The stock market continues to do well (subject ...
Discover how ample liquidity and careful Fed policies are driving U.S. economic growth despite recession fears.
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
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