Economy News Economy Is A Recession Coming Or Not

Rolling, rolling, rolling — recession. Can the American economy boom and bust at the same time? Apparently it can, says Morgan Stanley. Here's how.

Confused by the predictions? Even the experts can't agree — but one theory might explain what's really going on. Read More

Treasury Secretary Bessent says there won’t be a US recession in 2026: ‘Very, very optimistic’

Bessent added that Americans will feel relief next year as Trump’s tariffs, trade deals and “big, beautiful bill” set in. 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

What is stagflation? How about a K-shaped economy? Definitions of economic terms

Here’s a set of definitions for common and emerging economic and fiscal terms often seen bandied about in news reports. Read More

Financial Planners Say a Recession Is Coming: 3 Reasons They’re Not Worried About It

Mark Zandi, chief economist at Moody’s Analytics, recently warned that the economy is on the brink of entering a recession, as reported by Newsweek. GOBankingRates spoke with financial experts who ... Read More

The 7 parts of the US economy that are already in a recession

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

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More

If New York or California enters a recession, the entire U.S. economy would be next. So how are they doing?

As two of the country's biggest states by GDP, their economies 'may be canaries in the coal mine,' one economist notes The economies of California and New York could be proverbial canaries in the coal ... Read More

New UHERO report forecasts recession for Hawaii’s economy

This line graph shows average daily visitor arrivals in Hawaii from the U.S., Canada and Japan. Courtesy photo With visitor numbers down in Hawaii and new federal tariffs weighing down the global ... Read More

Are we in a recession? Yes — if you live in one of these 22 states.

The U.S. economy is very close to falling into a damaging contraction — and many states are already experiencing a recession, according to Mark Zandi, chief economist at Moody’s Analytics. Zandi ... Read More

Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ... Read More