Economy News What S Happening In The World Economy Us Recession Still Up For Debate Bloomberg

U.S. economy is still growing, ISM says, but ‘tariff uncertainty’ is depressing sales and hiring

The large services side of the economy grew in November for the sixth month in a row and inflationary pressures eased, but businesses were taking a cautious approach to hiring and investing due to ... Read More

4 reasons the economy's worst-case scenario could be looming in 2026

Stagflation looks increasingly likely in 2026 as the economy looks on track to grow below-trend while inflation runs "uncomfortably" hot, RBC said. Read More

The US economy's 7 deadly signs

From homebuilding to trucking, major parts of the US economy are in deep trouble. The weakness could drag the whole country into a recession. Read More

Despite US trade war, EOCD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given ... Read More

Is US Economy Facing Recession? What US Treasury Secretary Scott Bessent Said

US Treasury Secretary Scott Bessent has warned that some parts of the US economy, especially the housing sector, may already be in recession because of high interest rates. Speaking on CNN’s State of ... Read More

This recipe for a growing U.S. economy shows little sign of recession

When the U.S. economy shows sign of deep stress, one of the first things Americans strike from their budgets are takeout dinners and going out to restaurants. It’s one of the best early warning signs ... Read More

What is happening to the economy right now, according to the SF Fed president

The Federal Reserve’s influence on the economy is immense, and often misunderstood. Mary Daly, president of the Federal Reserve Bank of San Francisco, gives an exclusive, firsthand look into the ... Read More

Bessent ‘very, very optimistic’ about economy, says US will not enter recession

A report from the Bureau of Economic Analysis found that the economy grew at a 3.8% annual rate in the second quarter of this year. Read More

Is the US in recession?

It often seems that economists are perpetually warning us about the next U.S. recession. One influential analyst says an economic slowdown is already a fact of life for many Americans. Twenty-two ... Read More

If the economy is good, why do some Americans still feel like everything is ‘falling apart’?

Brett Holzhauer, 31, thought he had achieved everything he had set out to accomplish: a college education, a well-paying job as a writer, a primary residence, and two investment properties. But this ... Read More

A recession is brewing at the bottom of the K-shaped economy

The post-COVID recession that never arrived still hasn't come. But that doesn't mean Americans are in the clear. Recession-like conditions are already gripping households on the lower end of the ... Read More