The U.S. stock market is up about 15% this year, but your neighbor just got laid off. Welcome to America's split-screen economy, where Wall Street celebrates record highs while parts of the country ...
Treasury Secretary Scott Bessent said in an exclusive interview with “Meet the Press” that he remains “very confident” and “optimistic” about the U.S ...
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. The stock market keeps breaking records, but angst about the economy keeps befuddling ...
WASHINGTON, Nov 23 (Reuters) - Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about ...
Treasury Secretary Scott Bessent on Sunday said “no” when asked whether the U.S. was at risk of entering a recession in 2026, telling NBC News’ “Meet the Press” he’s confident Americans will feel ...
Although the U.S. as a whole isn’t officially in a recession, 22 states are currently in a recession — or are dangerously close. For You: The One Dangerous Habit Keeping You in Credit Card Debt, ...
Forbes contributors publish independent expert analyses and insights. I write about investing, markets and Berkshire Hathaway. While the US government has reopened, economic releases are still delayed ...
When describing the health of the US economy, there is a temptation among economists, market analysts, and politicians to argue that the only true picture of our current situation is a sweeping ...
The gap between the richest and poorest Americans is widening in what Federal Reserve Chairman Jerome Powell has called a “bifurcated economy,” as the cost of living skyrockets from housing to food ...