The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession

Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ... Read More

Economist Mark Zandi says US 'is on the precipice of recession.' Are you ready to weather an economic downturn if — or when — it hits?

In a post on X, he warned, “the economy is on the precipice of recession. That’s the clear takeaway from last week’s economic data dump. Consumer spending has flatlined, construction and manufacturing ... Read More

Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment

As fears of a slowing economy lurk in the background, some businesses are taking notice and bringing back so-called recession specials. Look up the term “recession specials” through Google’s search ... Read More

Consumers Remain Wary on Economy as Home Sales Register an Uptick

Americans continued to express doubts about the economy in July, as pessimism over business conditions and weak orders for firms offset rising stock prices, the Conference Board said on Thursday. The ... Read More

Map Shows Which States Are at High Risk of Recession

Economist Mark Zandi said states accounting for nearly a third of the economy are approaching or have already entered a recession. Read More

Moody's Chief Warns Recession Risk Spreads Across Key States

"Based on my assessment of various data, states making up nearly a third of U.S. GDP are either in or at high risk of recession, another third are just holding steady, and the remaining third are ... Read More

Fed rate cut is attempt to prevent recession without sending prices soaring

The US central bank is aiming for its soft landing that avoids recession, but the data and competing policy choices will make it difficult. Read More

U.S. Added Just 22,000 Jobs In August In Latest Sign Of Slowing Economy; Movie And Music Industry Jobs Decline

The U.S. added 22,000 jobs in August, with unemployment rising slightly to 4.3%, in the latest sign of a slowing economy. The numbers, from the Bureau of Labor Statistics, have taken on new scrutiny ... Read More

Japan’s Economy Records Modest Growth Despite Trade Uncertainty

TOKYO—Japan’s latest economic data has calmed recession fears, showing a fifth straight quarter of growth despite the impact of U.S. tariffs. Real gross domestic product increased 0.3% on a ... Read More