Us Breaking News The Us Economy Has Defied Recession Forecasts For Years Is This Time Different

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

New UHERO report forecasts recession for Hawaii’s economy

This line graph shows average daily visitor arrivals in Hawaii from the U.S., Canada and Japan. Courtesy photo With visitor numbers down in Hawaii and new federal tariffs weighing down the global ... 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

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]. “UBS's ... Read More

3 reasons the US can't count on wealthy Americans to keep the economy going strong

Wealthy Americans may not be able to power the economy with spending as much as some people think, BCA Research says. Read More

US Economy Will Only Get Murkier If Key Data Is Delayed in Shutdown

(Bloomberg) -- Lawmakers are careening toward a shutdown of the federal government that could deprive policymakers, business leaders and investors of critical data they need to assess the state of the ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ... Read More

As the US government hits pause, Trump’s economic chaos only accelerates

(In reality, Trump’s tariffs appear to be the biggest culprit behind the weakening of the US economy, particularly when it comes to small and medium-size businesses that lack the financial flexibility ... Read More

Trump administration, Federal Reserve, and CBO release conflicting economic forecasts for next four years

The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above ... Read More