Economy News The Economy Is Doing Exactly What We Need To Avoid A Recession And Keep Booming
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Treasury’s Bessent concedes some parts of the economy are already ‘in recession’
According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually contracting. Read More
If you can’t work out why you’re struggling when the economy is doing OK, it’s because you’re on the losing side
Oxford Economics reports a growing divide in the U.S. economy, with older, wealthier households thriving while younger and lower-income consumers struggle. Tariffs and fiscal policies ... 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
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