News

Moody’s economist: US avoids recession if well-to-do ‘keep spending’

Moody’s Analytics chief economist Mark Zandi said Tuesday the U.S. economy will likely avoid a recession if the wealthiest ...

The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession

Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ...

Recession and ‘stagflation’ loom as economic concerns

Given sticky inflation and the slowing jobs market, some economists fear a recession or the possibility of stagflation.

A top economist says there's an 'uncomfortably high' chance that the US is heading into a recession in the next year

Moody's economist Mark Zandi is worried that the US is barreling toward a recession, pegging the odds of a downturn at close ...

Fed rate cut is attempt to prevent recession without sending prices soaring

Markets are betting the Fed will keep cutting. The futures market is betting the Fed will cut rates by another half point by the end of the year. And the one-year Treasury yield has dropped about 150 ...

U.S. Recession Probability As Fed Finally Set To Resume Rate Cuts

At long last, the Federal Reserve is on the verge of resuming rate cuts. The Federal Reserve last cut the Federal Funds Rate ...

Jamie Dimon warns US economy is ‘weakening’ — but doesn’t know if we’re headed for recession. Here’s how to shockproof your wealth no matter what

In a recent interview with CNBC’s Leslie Picker, Dimon offered a blunt assessment of the economy: “I think the economy is ...

Top analyst says you weren’t crazy for thinking the economy felt worse than it looked the last 3 years. The ‘rolling recession’ just ended

"Central to our view," Morgan Stanley's Mike Wilson argues, "is the notion that the economy has been much weaker" than the ...

Top analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ that began 3 years ago. The worst should be over

A leading Wall Street analyst says the wave of government layoffs driven by Elon Musk’s DOGE initiative—the so-called ...

Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the ...