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

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 the U.S. housing market is in a recession due to high interest rates, and repeated his ...

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

Morgan Stanley's Mike Wilson was a lonely voice on Wall Street calling a "rolling recession" when others saw a boom. Now he ...

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.

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 ...

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.

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 ...

The economist becomes one of several to warn that Trump’s economic policy could lead the U.S. into a recession.