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

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

According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...

Discover what a "soft landing" means in economics, its historical significance, how central banks aim to achieve it, and its impact on inflation and economic growth.

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 ...

The Great Freight Recession shows no sign of letting up, as trucking company bankruptcy filings in the third quarter ending Sept. 30 surpassed filings in the second quarter. Freight carriers filed 21 ...

It would seem to be a matter of common sense that Medicare and Social Security, two massive and taxpayer-funded social programs, would suffer during the recession. After all, there's less tax revenue ...