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'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
Stumbling Into Goldilocks
The U.S. economy has been ... of rapid disinflation with a strong economy, was sort of an accident. Policymakers thought that raising interest rates would cause a recession and raised them anyway ... Read More
Is the U.S. in a "vibecession"? Here's why Americans are gloomy even as the economy improves.
The labor market is roaring ahead, wages are rising and inflation is slowing — all key metrics that economists point to as showing a resilient and strong U.S. economy. The problem is Americans ... Read More
The U.S. economy still faces a recession risk: Gary Shilling
The U.S. economy has avoided a recession so far but the risk of a deeper ... As long as the employment is as strong as it is, the Fed is in no rush to cut interest rates." Watch the video above ... Read More
Federal Reserve's Jerome Powell rules out recession in US economy
Jerome Powell, the chair of the Federal Reserve, ruled out the possibility ... is strong. The economy is in a good place. There is no reason to think the economy is in a recession or is at the ... Read More
Immigration Is Powering the U.S. Economy
The U.S. economy has made a strikingly strong comeback from the pandemic. Recession fears retreated ... turned out to be two to four times that pace—an average of about 255,000 per month ... Read More
‘Eye-popping’ March jobs report shows labor market and U.S. economy are still going strong
“The data leaves us borderline speechless,” said Thomas Simons of Jefferies. “This is a strong labor economy that shows ... to happen that way. It’s been an article of faith among most ... Read More
Consumer Spending, Strong Labor Market Keep U.S. Economy Ticking Along
The U.S. economy ... strong wage gains boosted the income side of the growth ledger. Gross domestic income (GDI) grew at a robust 4.8 percent rate after increasing at a 1.9 percent pace in the ... Read More
Economy expanded faster than expected on boost from shoppers, strong job market
The US economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer ... previously reported 3.2% pace, the Commerce Department’s Bureau of Economic Analysis ... Read More
US economy adds 303K jobs in March, much stronger than expected
U.S. job growth unexpectedly jumped ... "Another blowout payroll report suggests the economy is running strong and far from recession," said Sonu Verghese, global macro strategist at Carson ... Read More
WRAPUP 2-US economy continues to shine with help from consumers, labor market
Fourth-quarter GDP growth revised up to 3.4% rate Consumer spending, business investment revised higher Corporate profits increase, boost GDI growth Weekly jobless claims fall 2,000 to 210,000 By ... Read More
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