Wall Street is booming, but most Americans still feel like the economy is in a recession

Wall Street just wrapped a record-smashing week. Stocks are riding high, and corporate earnings are beating expectations. Every company tied to anything remotely related to AI is swimming in cash. Read More

CBS News poll finds Americans describe "uncertain" economy as its ratings tick slightly back down

Heading toward fall, Americans are continuing to rate the U.S. economy negatively, as most pick "uncertain" and "struggling" to describe its current state. Ratings dipped again slightly over the last ... Read More

The US economy has likely stalled, with a 50% risk of recession in 2 years, say Barclays analysts. What to consider if the Fed doesn’t cut rates soon

In a research note published Aug. 25, Barclays economists shared their view that the U.S. economy has likely entered a “stall state.” The bank's “tipping points” model now places odds of a recession ... Read More

Here's why rate cuts might not end up boosting the economy

Fed rate cuts could cut into retirees' income and spark hesitancy among borrowers in the US, JPMorgan Asset Management's David Kelly said. Read More