The Bureau of Labor Statistics just released its first estimate for gross domestic product (GDP) growth in the second quarter.…
CNBC host Rick Santelli reacted with shock to new Gross Domestic Product (GDP) numbers released Thursday. “Oh, my gosh,” Santelli…
Social media is ablaze with a dispute over whether the US economy is in a recession. The debate was prompted…
President Joe Biden told reporters Monday that he’s not worried by speculation that the U.S. economy might be in a…
The White House has been challenging a commonly-used definition of “recession” in advance of economic data coming out Thursday, but…
Wall Stree investors and economists are sounding the alarm over a yield curve inversion, one of the most reliable indicators…
The European Central Bank (ECB) announced Wednesday that it will have to issue its first rate hike in 11 years.…
The European Central Bank (ECB) will announce its first interest rate hike in over ten years on Thursday, and economists…
Companies of all sizes are pointing to slower business, inflation and profit declines as evidence the economy is heading toward…
JPMorgan Chase, the largest U.S. bank, announced a 28% decline in its second-quarter profits Thursday as economists’ fears of recession…
The first estimate for GDP growth in the second quarter of this year, will be available on July 28. If…
The Federal Reserve’s efforts to tamp down on inflation may lead to an economic recession, Fed Chair Jerome Powell admitted…
A couple of weeks ago, Secretary of the Treasury Janet Yellen admitted she was wrong last year when she said…
On Wednesday, the Federal Reserve announced that it will “raise” interest rates faster than previously planned in order to “fight”…
After more than a year of delay, the Federal Reserve finally looks like it is serious about reducing inflation. The…