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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
A top economist says these 2 states could determine whether the US enters a recession
Mark Zandi has been sounding the alarm for a potential recession all year. He says he's watching two states in particular for signs of stress. Read More
JPMorgan CEO Jamie Dimon Issues Warning About U.S. Economy
Dimon warns the national debt needs urgent action and inflation could constrain the Federal Reserve’s future options. Read More
This recipe for a growing U.S. economy shows little sign of recession
When the economy shows sign of stress, one of the first things Americans strike from their budgets are frequent takeout dinners and restaurant reservations. It’s one of the best early warning signs of ... Read More
JPMorgan Boss Issues Ominous Warning About U.S. Economy
The United States could be on the verge of another recession, says JPMorgan Chase CEO Jamie Dimon. The businessman, 69, said in a Wednesday interview with Bloomberg Television that government spending ... Read More
Hold Up! Fed Chair Jerome Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
The Fed chair said that economic growth in the U.S. is slowing. He also said he thinks the stock market is frothy. Jerome Powell's economic outlook should make investors cautious. Is the current bull ... Read More
U.S. Recession: Not Yet, But Possibly Soon
The reality is that people who are asset-rich and/or cash-rich have done extremely well over the past few years and continue to do so due to higher interest income and equity prices. The government ... Read More
A significant group of Americans are falling behind on their car payments - an economic warning sign
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US economy is forming some serious cracks, leaving the most vulnerable in financial ... Read More
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