Treasury Secretary Scott Bessent said the US is not at risk of a recession in 2026 – adding that he’s “very, very optimistic” about the impact from President Trump’s tariffs and trade deals. When ...
Treasury Secretary Scott Bessent on Sunday said “no” when asked whether the U.S. was at risk of entering a recession in 2026, telling NBC News’ “Meet the Press” he’s confident Americans will feel ...
In an exclusive interview with Meet the Press, Treasury Secretary Scott Bessent says that while he does see economic struggles in housing and that interest rate sensitive-sectors are in recession, he ...
The gap between the richest and poorest Americans is widening in what Federal Reserve Chairman Jerome Powell has called a “bifurcated economy,” as the cost of living skyrockets from housing to food ...
The S&P 500 is currently on pace for its worst November since the Great Recession. Since President Trump announced sweeping tariffs, inflation has worsened, hiring has slowed sharply, and consumer ...
It goes without saying that running hundreds of miles can be tough on your joints, especially if, like me, you have arthritis. In truth, even the best running shoes might not give you all the support ...
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts. By Alan Rappeport and Colby Smith Alan Rappeport covers the U.S. Treasury Department.
The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ...
The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody's Analytics Chief Economist Mark Zandi. Zandi's analysis ...
Around 22 states are either in a recession or on the verge of a downturn, according to a new analysis from Moody’s Analytics. Mark Zandi, chief economist at Moody’s Analytics, said the state’s ...