Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high ...

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

Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government ...

Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...

US Treasury Secretary Scott Bessent has admitted that parts of the American economy are already in recession, blaming the Federal Reserve’s monetary p.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ...

We project that in the next six weeks, the probability of a U.S. recession getting started in the next twelve months will be ...

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...