Economy News A ‘no Landing’ Scenario For The U S Economy Isn’t Bad For Stocks, Bofa Says

How the U.S. economy is defying gravity—and how insights into human behavior help us understand why

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. Here’s why. Read More

Shutdown is costing U.S. economy $7 billion per month, budget office says

The Congressional Budget Office issued projections Wednesday for three different scenarios about the length of the government shutdown as it nears a full month. Read More

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

This vital ingredient suggests the U.S. economy is still faring OK — with no recession brewing

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

Shutdown Now Costs U.S. Economy $15 Billion a Day, Bessent Says

The ongoing federal government shutdown is starting to weigh on the U.S. economy, Treasury Secretary Scott Bessent said Wednesday at CNBC’s Invest in America Forum. Two weeks into the shutdown, ... Read More

Higher optimism in stocks, recession expectations declining, soft landing expected – BofA’s October Global FMS

Fund managers optimism in stocks (SP500) saw the highest level since February, according to Bank of America’s Global Fund Manager Survey for October. Macro sentiment is continuing to recover and ... Read More

Bank of England's Taylor says he fears a bumpy landing for UK economy

LONDON, Oct 14 (Reuters) - Bank of England policymaker Alan Taylor said on Tuesday that he saw an increasingly likely risk of a "bumpy landing" for Britain's economy with inflation falling too low, in ... Read More