Bessent Says Some ‘Sectors’ Of Economy Are In Recession

In an interview with CNN’s “State of the Union” on Sunday, Bessent said he believed the economy was in a “transition period,” ...

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from ...

This burrito is everything you need to know about America’s economy

America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. But hiring is at a standstill, inflation is rising, loan defaults are abundant and Americans ...

As the shutdown drags on, here’s how it can drag down the economy

History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ...
Public Broadcasting Service (PBS)

Analysis: How much could the federal government shutdown cost the economy?

In past shutdowns, estimates of lost economic activity have reached into the billions of dollars. In the context of a $30 trillion economy, that’s not a lot. But on the margins, economists say it can ...

Saudi Economy Grows Most Since Early 2023 on Oil Supply Rise

Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, helped by rising oil production ...

Eurozone Economy Picks Up Speed as Hopes for Revival Gather Pace

GDP increased 0.2% in the third quarter, up from the 0.1% rise in the second, as the 20-nation economy adjusted to higher U.S ...