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

Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, ...

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

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

Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government ...

The economy may not be in total collapse, but the warning signs are flashing. Before the official data catches up, everyday indicators like boxes, “struggle meals” and thrift stores might be hinting ...

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.

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

Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate ...

The National Bureau of Economic Research has announced that the recession officially ended in June 2009. Their analysis says it began in December 2007, lasting 18 months, making it the longest U.S.