In an interview with CNN’s “State of the Union” on Sunday, Bessent said he believed the economy was in a “transition period,” ...
Treasury Secretary Scott Bessent discusses with CNN’s Jake Tapper a court ordering Trump to use emergency funds to cover SNAP ...
US Treasury Secretary Scott Bessent has admitted that parts of the American economy are already in recession, blaming the Federal Reserve’s monetary p.
Economists warn the United States could be headed for a recession as key unofficial indicators flash warning signs amid the ...
According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...
U. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to accelerate rate cuts.
Mark Zandi has been sounding the alarm for a potential recession all year. He says he's watching two states in particular for ...
Chief economist from Moody's Analytics assessed states' economies and determined which are in a recession, at risk or are ...