Major bank raises red flag on US economy — warns of 93% chance of recession based on ‘hard data.’ Here are 5 crucial money moves you need to make now

Recently, global investment bank UBS announced that, after crunching some “hard data” from between May and July 2025, there’s a 93% chance of the U.S. entering a recession this year [1]. Read More

Takeaways: If you’re confused about what’s next for the US economy, so is the Fed

The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the ... Read More

Will the Fed cut rates today? See 5 economic charts that may determine its decision.

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024. Read More

This week in banking: Top execs sound upbeat on quarter, less certain on economy

Some of the nation's top bankers struck upbeat tones on the US consumer and their own earnings this week while voicing uncertainty about the road ahead for the US economy. Read More

America’s job market flashes yet another warning sign about the economy

• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ... Read More

Fed officials struggle to explain slowing economy, adding to the sense a rate cut is coming

For months, Federal Reserve officials have concentrated most of their commentary on the threat of higher inflation stemming from the White House’s aggressive tariff program. But there has been a ... Read More