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New Data Finds Sharper Economic Rebound From Pandemic
As a result, government statistics no longer show the U.S. economy as experiencing two consecutive quarters of declining G.D.P. in early 2022 — a common definition of a recession, though not the ... Read More
The Fed's 50 basis point rate cut won't do anything to stop a recession, economist David Rosenberg says
Copy Link Economist David Rosenberg is digging in his heels on his call for a recession ... on his belief that there is still "so much weakness in so many parts of the economy," with housing ... Read More
Harris says Trump economic plan will cause recession, says corporate taxes must increase
Vice President Kamala Harris on Wednesday said former President Donald Trump’s economic proposals will lead America into a recession, as she continues to pitch her economic platform to voters. Read More
CEO of JPMorgan warns US of economic fate worse than recession: 'The worst outcome'
JPMorgan Chase CEO has laid out the "worst outcome" for America's economic future, beyond recession ... tech and money news that matters to you. We've added you to our mailing list. Read More
Germany May Already Be in Mild Recession, Bundesbank Says
Germany’s economy may already be in recession, but a severe economic slump looks unlikely as things stand, according to the Bundesbank. Gross domestic product “could stagnate or decline ... Read More
Philly voters sound off on economy: 'Everybody is struggling right now'
Voters in Philadelphia sound off on the economy as a top issue going into the November election." "The economy is really crazy right now," one voter who backs Vice President Kamala Harris told Fox ... Read More
U.S. Economy Stabilized in August, Chicago Fed Says
Economic growth rebounded a little last month in the U.S., according to a monthly index set out Monday, though the broader trend remains weak amid high borrowing costs and political uncertainty ... Read More
Fed rate decision will be big economic news this week. How much traders bet they'll cut
Today, unemployment stands at its 10-year average, and there are fewer jobs to go around ... Here's where the economy stands on the precipice of the Fed's next chapter: Will the Fed cut interest ... Read More
Argentina Recession Deepens as Economy Shrinks More Than Expected
Argentina entered a technical recession - two straight ... drive that has battered economic activity and pushed up poverty and unemployment. The government says the cost-cutting measures are ... Read More
Sri Lanka elects Marxist-leaning Dissanayake as president to fix economy
Outgoing President Ranil Wickremesinghe – who took office at the peak of the 2022 economic ... the Sri Lankan voters. “He is fighting for a system change. That’s a very high bar, [there ... Read More
Harris Vs. Trump On The Economy: Trump Now Holds Just Slim Lead On Issue In Latest Poll
As the Federal Reserve enacted the first interest rate cuts since 2020 and the stock market hits new highs, views of the economy improved, with a CBS News poll released Monday finding 39% of ... Read More
CNN anchor wonders how Harris can increase support with Trump 'killing' her on the economy
CNN anchor Kate Bolduan asked a network panel on Friday morning how Vice President Kamala Harris can boost her performance in the polls when former President Trump is "killing" her on economic issues. Read More
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