In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...
According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...
Without the AI boom, we'd already be in recession. Tariffs are crushing Indiana manufacturing. We just don't feel the full ...
This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan Leading economic ...
President Donald Trump’s aggressive economic policies will likely significantly slow U.S. growth and push up inflation but stop short of causing a recession or “stagflation” – the dire scenarios that ...
U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, ...
This isn’t a purely partisan trend. Over the last month, the perception that the economy is getting worse increased by 7 ...
53% of ag economists surveyed in the July Ag Economists’ Monthly Monitor say the row crop side of agriculture is current in a recession. Fewer agricultural economists think the row crop side of ...
Discover how the 2007—2009 subprime meltdown led to a global financial crisis. Learn about its causes, consequences, and ...