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 ...

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

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

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

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?

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 ...

Some portions of the economy are already in a recession, and others could fall into one without more interest rate cuts, ...

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.

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