Economy News Powell ‘no Reason’ To Think Economy Is Close To Recession

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ... Read More

Jerome Powell may have just given stock investors a new reason to be worried

The economy and the stock market may eventually respond favorably to the change of policy, but if history is any guide, things will get worse before they get better. U.S. Federal Reserve Chair Jerome ... Read More

Trump Aides Raise Recession Fears, and Point Fingers at the Fed

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts. Read More

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

Will tariffs slow the U.S. economy in 2026?

The U.S. economy has largely weathered historically high tariffs so far this year, but a new study says tariffs will hit Americans in 2026. The Paris-based Organization for Economic Cooperation and ... Read More

Would a government shutdown hurt the economy? Experts explain

The federal government is hurtling toward a possible shutdown Tuesday night. The federal government is hurtling toward a possible shutdown at a delicate moment for the nation's economy, as a hiring ... Read More