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Most recently, the U.S. economy entered a brief, two-month long recession from February to April 2020, during the COVID-19 pandemic. Recession concerns amid new tariffs 01:43 ...
As the U.S. economy shrinks, fears and predictions of a recession continue to grow. New Commerce Department data shows that the country's gross domestic product (GDP) contracted at an annual rate ...
This economic indicator is also signaling a U.S. recession Leading economic index drops 0.4% in September Last Updated: Oct. 20, 2022 at 10:46 a.m. ET First Published: Oct. 20, 2022 at 10:16 a.m. ET ...
Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the ...
Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight.
He joined the Journal in 2007 as a U.S. economics reporter covering the Federal Reserve and financial crisis and later served as the Journal’s international economics correspondent, covering ...
Americans’ view of the economy worsened in June, wiping out much of the previous month’s gain which followed a string of ...
Unlike the last two major economic downturns, Gould said a recession in 2025 won't be the product of a financial crisis or a pandemic but rather the effects of government policies.
When inflation and recession gang up on the economy. Uncertainty about tariff policy poses risk of both rising prices and high unemployment, says economist Şebnem Kalemli-Özcan.
The U.S. economy contracted in the first quarter, but it takes more than one bad quarter of GDP for a recession to officially begin.
Economists at Goldman Sachs have raised their assessment of the odds the U.S. will experience a recession — where the economy shrinks and unemployment rises — to 45%, from 35% last week.
If the U.S. economy avoids a downturn caused by tariffs, economists see growing risks of financially painful "stagflation." Forecasters are still divided on whether President Donald Trump's trade ...