One of the clearest trends is an obvious one: a sharp cut in non-essential spending. People are no longer dining out, and ...
According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...
Under the revised pact, Microsoft will get a stake in OpenAI worth about $135 billion, the companies said in a statement Tuesday. In addition, Microsoft will have access to the startup’s technology ...
Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
Moody’s Analytics looked at data predating the shutdown when the country’s economic situation was already dismal.
If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ...
Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...
"Based on my assessment of various data, states making up nearly a third of U.S. GDP are either in or at high risk of recession, another third are just holding steady, and the remaining third are ...
During recessions, Americans tend to cut back most on restaurant and takeout meals, shifting toward cooking more at home rather than drastically changing the foods they buy. Despite viral claims about ...