Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, ...
Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...
Bessent is the second Trump official to blame the Fed for a possible recession, even as most analysts believe tariffs are ...
In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due ...
According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually ...
The stock market continues to do well and GDP growth is strong, while nearly every other measure of economic activity has stagnated or is in deep decline. Why?
The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among ...
Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ...
Discover how ample liquidity and careful Fed policies are driving U.S. economic growth despite recession fears.
US Treasury Secretary Scott Bessent acknowledged on November 3, 2025, that certain sectors of the US economy are experiencing ...