Scott Bessent has declared that the US housing market is currently in a “recession,” attributing this downturn to the Federal ...

In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.

Young people are facing high unemployment rates and struggling with a challenging labour market, and the government’s plan to ...

Despite AI-driven optimism and anticipated Fed rate cuts, I see mounting risks for the US economy in the next 6-12 months.

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.

The US housing market faces a turning point. As elevated mortgage rates, limited inventory, and the Fed’s shifting policy ...

For all the high valuations and macro risks, investors seem generally optimistic, or at least feel the need to stay in the ...

The U.S. is inching toward the longest government shutdown in American history. NBC News’ Brian Cheung explains how shutdowns ...

Treasury Secretary Scott Bessent blamed the Federal Reserve's cautious approach to interest rate cuts for the state of the ...

Since returning to the White House, Trump has invoked emergency economic powers to impose “reciprocal” tariffs over trade practices Washington deemed unfair, alongside separate duties targeting his ...

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among ...

Digital assets faced pressure as Bitcoin and Ethereum declined. Investors watched for a key US employment report. Treasury ...