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 ...

Economists warn the United States could be headed for a recession as key unofficial indicators flash warning signs amid the ...

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury ...

According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...

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 ...

Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government spending as ...

Mark Zandi has been sounding the alarm for a potential recession all year. He says he's watching two states in particular for ...

The US economy has defied calls for a slowdown for two years — dodging a recession despite various tariff shocks, higher ...

Chief economist from Moody's Analytics assessed states' economies and determined which are in a recession, at risk or are ...