Us News Danger Ahead The U S Economy Has Yet To Face Its Biggest Recession Challenge Cnbc

The US has become ‘a nation of economic pessimists,’ says WSJ report — why many Americans have given up on getting ahead (and how to regain control)

This discontent may reflect today’s economic climate, but it could also signal something deeper: that American workers are giving up on the future. We’ll explore the current economic picture for ... Read More

Shutdown could cost US economy $15 billion a week, Treasury says

The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic ... Read More

Is the U.S. economy getting weaker? Here’s what we know.

If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? Read More

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

In tough economic times, everyone’s looking for financial advice they can take to the bank. It’s not as fun, though, when the bank talks back — especially if it’s delivering a major recession warning. Read More

Will the federal government shutdown last long enough to hurt the U.S. economy?

A lengthy government shutdown would only complicate the employment picture and possibly further erode consumer confidence. Read More

US economy is already on the edge — a prolonged government shutdown could send it tumbling over

The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the ... Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

Top Economist Warns Recession Risks Remain 'Uncomfortably High' Despite Receding As Market Valuation Nears 'Y2K Bubble' Peak

Despite an encouraging upward revision of the U.S. economic growth during its third estimate release, a prominent economist is cautioning that significant risks persist, with stock market valuations ... Read More

Trump or Biden, new U.S. president faces troubled economy

It's still not clear yet if the next U.S. president will be incumbent Donald Trump or Democratic challenger Joe Biden, but whoever triumphs will face monumental challenges on the economic front. Read More