Economy News Us Economy Expected To Have Grown But Slowed, Dispelling Recession Fears

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

Here’s what the latest inflation and spending data reveals about the US economy

A flurry of economic data released Tuesday after a blackout during the government shutdown paints a confusing picture of the US economy. • September wholesale inflation rose by 0.3%, keeping the ... Read More

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

Treasury Secretary Scott Bessent assured he is “very, very optimistic” about the economic outlook of 2026 and dismissed concerns of an impending recession. Bessent appeared on NBC News’s Meet the ... Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More

Major bank raises red flag on US economy — warns of 93% chance of recession based on ‘hard data.’ Here are 5 crucial money moves you need to make now

In tough economic times, everyone’s looking for financial advice they can take to the bank. It’s not as fun, though, when the bank talks back — especially if it’s delivering a major recession warning. Read More

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse deepens into a long-term standoff, some economists told ABC News. Roughly ... Read More

AI is keeping the US economy out of a recession

The US economy has defied calls for a slowdown for two years — dodging a recession despite various tariff shocks, higher borrowing costs, and geopolitical turmoil. The reason why? Artificial ... Read More

Washington's exports rise despite sluggish economic growth and slow employment rates

SEATTLE — State lawmakers have been working to understand the state’s economic forecast after a less-than-optimal report. While total state revenues are expected to grow between this and the next ... Read More

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ... Read More