The US is dealing with a rare bifurcation of the economy, and it's raising the odds of recession, Piper Sandler chief economist says

Big companies are weathering high interest rates. Consumers, meanwhile, are facing rising debt as inflation eats into wage gains. Read More

US Economy News Today: At Least One Fed Official is Still Open to Rate Hikes

Today, the labor market showed signs of weakness and Federal Reserve officials spoke for the first time since their meeting this week. Read More

US Economy News Today: Powell Dismisses the Need for Additional Rate Hikes

Today, the Federal Reserve concluded its two-day Open Markets Committee meeting by leaving interest rates untouched, as expected, and saying it will likely stay that way for longer than previously ... Read More

The odds of a US recession in the near year have dropped to a 2-year low

On the heels of a streak of hot economic indicators, the odds ... Fed's rate outlook and risking a recession as financial conditions remain tighter for longer. "That could help keep the US economy ... Read More

'Delayed' Recession Warning Issued for US Economy

The U.S. economy is not yet out of troubled waters and could still face a "delayed" recession, according to Gary Shilling. The financial analyst, who correctly predicted the crisis of 2007-2008 ... Read More

IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts

The US economy ... strong demand in an economy that remains overheated,” IMF chief economist Pierre-Olivier Gourinchas wrote in a blog post accompanying the agency’s World Economic Outlook. Read More

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall that it was likely done raising interest ... Read More

US economy adds 303K jobs in March, much stronger than expected

"The March jobs report illustrates the exceptional resilience in the labor economy ... the odds of an imminent rate cut. WAGES IN THE US ARE FALLING AT A 'STRIKING' PACE, INDEED SAYS Markets ... Read More

Oil price surge is the No. 1 threat to the US economy, Moody’s economist warns

Joe Brusuelas, chief economist at RSM, said the “greatest external risk to the US economy is geopolitical ... the specter of a recession. Gas prices climbed to $3.58 a gallon on average nationally on ... Read More