The United States is not in a recession yet, but a veteran British economist is looking at the data and seeing storm clouds ...
The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. The Office for National Statistics figures, although in some dispute ...
Economists and financial analysts are warning a recession in the US "would be the straw that breaks the UK's back" as the global stock market continues to slip into the red this week. Markets plunged ...
The American economy is heading for trouble, and it may go into recession next year. If that happens, it would be bad news ...
At the epicentre of the financial alarm is a forecast from a Federal Reserve official, who, despite remaining unnamed in public comments, issued a stark warning that if the economy's current momentum ...
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 ...
Traders on the prediction market platform Kalshi now place the odds of a U.S. recession this year at 21%, up slightly from 19% earlier Tuesday. That figure is still near the lowest level of the year, ...
Mortgage rates usually drop in a recession, but by exactly how much depends on the circumstances of the economic downturn. Although interest rates on mortgages may trend lower in a recession, lending ...
Eighty percent of hiring managers think a recession is looming, and nearly half expect it to rear its head within the next year, according to the results of an Express Employment Professionals-Harris ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...