Economy News A ‘no Landing’ Scenario For The U S Economy Isn’t Bad For Stocks, Bofa Says
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No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -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 ... Read More
The Stock Market Sounds an Alarm Seen Just 1 Time in 25 Years as Investors Get Bad News About the Economy

U.S. stocks stumbled in early November as investors contemplated bad news about the economy, including the second-worst consumer sentiment reading in history. Meanwhile, the S&P 500 attained a forward ... Read More
Layoffs soared in October to their highest for the month in 22 years, report says

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More
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