Economy News Economy Is A Recession Coming Or Not

Fed Delivers Third Rate Cut—Is a Recession Now Inevitable?

The Fed cut rates to 3.5%–3.75%, but rising layoffs, bankruptcies, and weak growth are fueling fears of a US recession. Read More

The U.S. Economy Is Growing, but Faces Much Uncertainty

A quarterly review finds that the U.S. economy’s increasingly K-shaped nature is making American consumption patterns uneven and unpredictable. Despite continued growth, this and several other data ... Read More

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

New York and California are struggling economically — and if things get worse in those states, they could take the whole U.S. economy down with them. The two states, it must be noted, aren’t doing as ... 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

Trump's nightmare is a US recession – this is what will cause it

The American economy is heading for trouble, and it may go into recession next year. If that happens, it would be bad news for the rest of us, including the UK. That old adage still applies: when the ... 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

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

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

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