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'Something has been changing': Why a top economist is still worried about a recession even as the US economy keeps growing
Of the 20 recession indicators compiled by Rosenberg nine have been triggered, which has historically coincided with an economic downturn. Read More
Fed rate cuts are coming too late to fend off a US recession, research firm says
Even if the Fed cuts in September, history shows that recessions can still occur during easing cycles, BCA's Peter Berezin wrote. Read More
Right-wing media claimed a downward jobs revision indicated recession. A new GDP revision shows the economy actually grew more than expected.
However, an August 29 release from the Bureau of Economic Analysis showed that the real gross domestic product (GDP) of the U.S. increased at a 3% rate in the second quarter of this year, an upward ... Read More
‘The sky is not falling’: US economy added 142,000 jobs in August
The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction. Read More
Latest economic data cools recession worries
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Two new economic data releases cooled recession worries on Thursday as investors continued to debate how quickly the Federal Reserve should cut interest rates. Retail sales rose 1% in July ... Read More
Markets React To Less Than Stellar Jobs Data; Consumers Are Driving On Empty
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The equity market appears to have succumbed to the growing list of weakening economic data. The major stock indexes fell significantly this week. Read More
Mixed news on US jobs: Unemployment rate falls but hiring is slowing
The US economy is expected to have added 160,000 jobs last month and the unemployment rate likely dropped to 4.2% from 4.3%. Read More
Stocks Finish Higher as Economic News Shows Economy Holding Up
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On the negative side for stocks Friday were higher bond yields when the mostly better-than-expected US economic reports reinforced the outlook for a less aggressive pace of Fed interest rate cuts. Read More
Equities sell off sharply, Treasury yields drop with economic data in focus
MSCI's gauge of global equities fell sharply on Tuesday, with Wall Street stocks taking their biggest hit since early August while U.S. Treasury yields fell after manufacturing data spurred worries ... Read More
US firms see weaker employment growth as economy slows, Fed survey shows
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The U.S. central bank's latest temperature ... of key US jobs data, yen jumps 7:37 AM UTC Marketscategory Markets torn by US services-factories divide 6:03 AM UTC Marketscategory Britain needs extra ... Read More
Economic Growth is Cooling, But Jobs Market Remains Stable, Fed Report Shows
The Federal Reserve Beige Book said economic growth was slowing in some places, but that labor markets remained stable. Read More
Pound Sterling corrects below 1.3200 against US Dollar after upbeat US Q2 GDP
The Pound Sterling declines to near 1.3150 against the US Dollar after the US Q2 GDP upwardly revised to 3%. Traders focus on US core PCE inflation data for July as it can influence market speculation ... Read More
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