JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

JPMorgan CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation ... Read More

US Economy News Today: Economy Was 'Worst of Both Worlds' in First Quarter

Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's report on the Federal Reserve's preferred measure of inflation. Read More

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely. Read More

US growth likely slowed last quarter but still pointed to a solid economy

The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates ... Read More

Why the next US recession may be pushed back to 2025, according to JPMorgan

Fears of an economic ... Backing up JPMorgan's view of a delayed recession, aside from the strong ISM manufacturing data, is the Fed's GDPNow estimate of 2.8% economic growth in the first quarter ... Read More

NYT columnist rejects polls saying Americans struggling in Biden economy: 'I’m OK, people I know are OK'

New York Times columnist Paul Krugman shrugged off the notion that most Americans are actually struggling in what he declared a "good economy" under President Biden, despite what they tell pollsters. Read More

Why is the economy still growing? Because most workers don’t fear for their jobs.

How has the economy avoided recession despite high inflation and high interest ... were worried about the labor market,” wrote U.S. economist Thomas Simons of Jefferies in a new report. Read More

GDP reaction: UK economy remains in fragile state despite retreating further from recession

Britain’s economy remains fragile despite it pushing further back from recessionary ... The economy appears to be putting the 2023 recession behind it in the new year. A recession is defined ... Read More

Immigration Is Powering the U.S. Economy

The U.S. economy has made a strikingly strong comeback from the pandemic. Recession fears retreated as economic ... employment growth running too hot and pushing up prices. For those keeping ... Read More

Why Americans Are So Down on a Strong Economy

Still, she constantly fears she’ll be derailed by an unexpected expense, and worries that the wars in Gaza and Ukraine could push ... news about the economy reported in legacy news media ... Read More