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Strategas still sees a 30% chance of a U.S. recession in 2024
Investing.com· 6 days agoStrategas still sees a 30% chance of a U.S. recession in 2024
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
NBC Universal via AOL· 5 days agoU.S. consumers and businesses alike have turned cautious about spending this year because of...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
FOX 5 San Diego· 6 days agoWASHINGTON (AP) — The U.S. economy grew at a sluggish 1.3% annual pace from January through March,...
Why oil’s recent drop is not a recession signal — and good news for stocks
Market Watch· 14 hours agoA continued drop in oil prices would benefit U.S. consumers, as it translates into more “spending...
Bond Markets Are Sniffing Out Trouble. It’s Unrelated to Inflation.
Barrons.com· 6 hours agoThe bond market has sensed the trouble. Survey results released Monday showed that the manufacturing...
Bankruptcy filings rise as consumers struggle with credit card debt, more - Indianapolis Business...
Indianapolis Business Journal· 1 hour agoBankruptcy filings in Indiana are still below historic highs, but they continue to creep up as ...
US inflation reached a new 40-year high in June of 9.1%
KRGV Rio Grande Valley· 1 hour agoSurging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June,...
JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style...
Fortune via Yahoo Finance· 12 hours agoThey argued the economy isn’t likely to slow soon, despite more persistent inflation, due to the...
US job openings fall to the lowest level since 2021
12 News KPNX· 16 hours agoThe high level of job openings reflects a surprisingly strong U.S. labor market. When the Federal Reserve began raising interest rates in March 2022 to...
U.S. Economic Growth in First Quarter Was Milder Than Initial Reading
New York Times· 6 days agoConsumers eased up on spending in the face of rising prices and high interest rates, Commerce...
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