Bessent Says Some ‘Sectors’ Of Economy Are In Recession

In an interview with CNN’s “State of the Union” on Sunday, Bessent said he believed the economy was in a “transition period,” ...

'Certain sectors in recession': US treasury secretary Scott Bessent's big admission; blames federal reserve

US Treasury Secretary Scott Bessent has admitted that parts of the American economy are already in recession, blaming the Federal Reserve’s monetary p.

Bessent warns ‘sections of the economy’ could go into recession if Fed refuses to lower rates

Treasury Secretary Scott Bessent discusses with CNN’s Jake Tapper a court ordering Trump to use emergency funds to cover SNAP ...
News Nation on MSN

Warning signs may point to a looming recession as shutdown continues

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

Map Shows Which States Face Recession, and Which Are Growing

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

Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, a Top Official Warns

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.

AI is keeping the US economy out of a recession

BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...

Bessent says high US interest rates may have caused housing recession

U. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to accelerate rate cuts.
Texarkana Gazette

U.S. economy is slowing -- and the nation's top economists don't expect it to improve much over the next year

First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...

Could the government shutdown tip the US into a recession? Experts weigh in

Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...

A top economist says these 2 states could determine whether the US enters a recession

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

Are some states in a recession? Yes, but Louisiana's economy seems to be expanding

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