Economy News Recession Risks Are Fading, Business Economists Say, But Political Tensions Pose Threat To Economy

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

Recession risks are fading, business economists say, but political tensions pose threat to economy

WASHINGTON — Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock — such as a ... Read More

Recession Risk Is Low, But Softer Labor Market Raises Red Flags

The delayed third-quarter GDP report will, presumably, be published eventually, but it’s ancient history at this point. Read More

Reopening government could avert recession, but risks remain, economists say

(WASHINGTON) -- The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands of federal employees back to work, funding food stamps and ... Read More

CU Economist: Too early to ring recession bell, though not all signs are rosy

Look for recession indicators, and suddenly you might start seeing them everywhere. The U.S. stock market strung together consecutive days of losses last week despite a better-than-expected jobs ... Read More

Is US economy in recession? How would we know?

WASHINGTON (AP) — The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isn’t in a recession despite high inflation and the Federal ... Read More

Bessent Says Some ‘Sectors’ Of Economy Are In Recession

Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, blaming the Federal Reserve for not cutting interest rates fast, just one day ... Read More

Reopening government could avert recession, but risks remain, economists say

The longest government shutdown in U.S. history could end as soon as Wednesday. The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands ... Read More