White House adviser Kevin Hassett warns the ongoing government shutdown could severely impact the airline industry and U.S. GDP growth. With disruptions expected to worsen, how will this affect the economy?
Employers have announced a staggering 1.1 million job cuts in 2025, the highest since the pandemic, with October seeing a notable surge. Are we facing an impending recession?
Liz Ann Sonders warns that while the AI boom is stronger than the dot-com bubble, high expectations could lead to market shocks if companies fail to deliver growth. With Nvidia's $5 trillion valuation, the stakes are high.
Treasury Secretary Scott Bessent warns that parts of the economy are already in recession and more could follow without interest rate cuts. The Fed's recent decisions and the looming government shutdown add to the uncertainty.
With the jobs report delayed due to a federal government shutdown, experts warn that policymakers and investors are 'flying blind' at a critical economic juncture. The lack of data could impact decisions on interest rates and reveal signs of a potential recession.
Despite predictions of economic slowdown, the U.S. economy continues to show unexpected strength with a robust GDP growth rate. Analysts are re-evaluating their forecasts in light of new data, highlighting resilience in consumer spending and business investment.
U.S. consumer confidence declined sharply in September, driven by rising inflation and a weakening job market. With more Americans fearing a recession, the economic outlook appears grim.
As AI firms attract massive investments reminiscent of the dot-com era, experts question whether current valuations can be sustained. Explore the parallels and pitfalls of today’s AI boom compared to the late 90s tech economy.
As the Federal Reserve prepares for a crucial policy decision, investors are keenly watching signs of potential interest rate cuts extending into 2026. Will the Fed push back against market expectations due to slowing job growth?
As Russia grapples with a weakening economy and high borrowing costs, central bank officials insist it's not in a recession. With wartime expenditures soaring and a disastrous harvest, experts warn of a potential debt crisis.