Tag Archives: recession

President Donald Trump, in a sweeping interview with NBC’s Kristen Welker at Mar-a-Lago, defended his embattled economic strategy and escalated his administration’s conflict with elite academic institutions, most notably Harvard University. As signs of economic strain emerge, Trump is urging Americans to endure short-term hardship in pursuit of what he …

Treasury Secretary Scott Bessent on Sunday sought to calm public concerns about the possibility of a recession and plummeting retirement savings, asserting that President Donald Trump’s administration is focused on long-term prosperity despite market volatility. During an interview on NBC’s “Meet the Press,” Bessent called recent fears surrounding the stock …

President Donald Trump is brushing off concerns from business leaders over his planned tariffs on major U.S. trading partners, dismissing fears of economic uncertainty and the potential for a recession. Despite market turmoil and warnings from economists, Trump remains firm on his approach, asserting that the policy will ultimately benefit …

Casey Quinlan, Georgia Recorder Next year is packed with potential shifts in the economy but many economists and investment analysts expect that the country will likely avoid a recession in 2024 even as growth slows in the first half of the year. States Newsroom talked to economists about their expectations for some key …

Christopher Decker, University of Nebraska Omaha The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment rate remained at a 70-year low …