Economy News Delayed Recession Warning Issued For Us Economy

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

Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and strained budgets. Those direct effects will grow dramatically on Nov. 1, when ... 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

BofA CEO Warns Shutdown Could Slow Economy; Economist Sees Rising Recession Risk (CORRECTED)

This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan Leading economic figures are issuing stark warnings that the month-long government shutdown is ... Read More

Fed's Powell points to persistent labor market weakness as government shutdown delays official reports

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and ... Read More

Over 20 state economies are in or near recession, Moody's finds

The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody's Analytics Chief Economist Mark Zandi. Zandi's analysis ... Read More

The government's main budget experts confirmed that the US could risk economic catastrophe as soon as early June

In a matter of weeks, the US might be plunged into entirely preventable and unprecedented economic chaos. Congress can stop it. Read More

Factory gloom deepens: US manufacturing shrinks for 8th month, stuck in recession for nearly 3 years

US manufacturing shrinks for eighth month, stuck in near-recession. Factories contracted again. ISM index at 48.7, new orders falling. Demand weak, deliveries slow, prices easing slightly. Textiles, ... Read More

A top economist at Jefferies says he's watching 2 signs in the labor market for recession warnings

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Why soaring gold prices could be a warning sign for the economy

The safe-haven asset has soared more than 50% this year. Gold prices have soared more than 50% so far this year, delivering mammoth returns for traders holding the safe haven investment. But the ... Read More