US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
Mansfield Energy gave a warning to businesses that rely on diesel to have a plan for obtaining fuel as levels continue to drop to record levels.
Here's how the midterms will affect the stock market
As fears of a U.S. recession continue to grow, many Americans are afraid that the upcoming midterm election will create too much volatility to the market.
Larry Kudlow: People are deciding to cast votes against Biden's socialist progressivism
FOX Business host Larry Kudlow laid out the price surge under the Biden Administration and the impact it's having on the midterms on 'Kudlow.'
If the Philadelphia Phillies win the World Series, prepare for an economic crisis
A Philadelphia Phillies win against the Houston Astros in the World Series could lead to economic troubles. The Phillies beat the San Diego Padres to advance to the Fall Classic.
GDP increases in Q3 after months of decline: Here's what that means for you
GDP increased in the third quarter of 2022 following two consecutive decreases, but some experts have said it's not likely to last.
Chipmaker UMC cuts capex in readiness for prolonged downturn
Chipmaker from Taiwan, UMC, has cut CapEx as it worries about a global economic recession, lead by energy insecurity, the war in Ukraine, and inflation.
JPMorgan president warns recession may be the price to pay to crush inflation
The Federal Reserve may have no choice but to trigger a recession in order to get inflation under control, according to JPMorgan President Daniel Pinto.
US already in recession, or will likely be next year, most NABE economists say
A new survey shows that a majority of economists either think the U.S. economy has entered a recession, or will next year as the Federal Reserve raises rates.
Inflation to remain high through 2024, recession on its way: MBA forecast
The Mortgage Bankers Association (MBA) released its economic forecast at its conference in Nashville on Sunday, saying that high inflation is likely to continue and a recession is looming.
American Express CEO: Consumers are still spending
Consumers are still spending, American Express CEO Stephen Squeri said, despite the fact that inflation remains high and interest rates continue to rise.
Unemployment, manufacturing activity reports, earnings and more: Thursday's 5 things to know
AT&T, American Airlines, Dow Inc., Nucor are set to release earnings Thursday morning, while Whirlpool and CSX will unveil figures in the afternoon.
These business titans are sounding the alarm over the US economy
There is a chorus of economic warnings coming from some of America's most prominent business leaders, who are sounding the alarm about a possible recession.
US recession odds rise to 100% as inflation squeezes the economy
A U.S. recession is almost certain in the next 12 months, according to a new analytical model, a blow to President Biden ahead of the midterm elections.
Financial confidence declines amid increased inflation, recession concerns: survey
Financial confidence among U.S. adults has declined amid increased inflation and recession concerns, a recent survey put out by BMO Financial Group found.
Jeff Bezos becomes latest exec to warn about looming US recession: 'Batten down the hatches'
The U.S. economy could be headed for a recession, according to Amazon founder Jeff Bezos, who warned on Tuesday that it's time to "batten down the hatches."
Goldman Sachs CEO sees 'good chance' of US recession in 2023
The U.S. economy is likely headed for a recession, according to Goldman Sachs CEO David Solomon, who became the latest bank exec to warn of a looming downturn.
Homebuilder sentiment plunges again in October as higher mortgage rates take their toll
Builder sentiment in the market for single-family homes tumbled in October to the lowest level in two years, indicating the housing market is officially in a recession.
98% of CEOs are prepping for US recession: survey
Ninety-eight percent of CEOs are bracing for the U.S. economy to fall into a recession, according to a survey released Thursday by The Conference Board.
Economist Mohamed El-Erian takes grim IMF inflation warning seriously: 'This is a big deal'
Economist Mohamed El-Erian blamed the Fed for making inflation worse by mischaracterizing the meaning of transitory and not acting "boldly enough" last year.
Fed vice chair talks inflation, hotels hit by crime wave and more: Tuesday's 5 things to know
On Tuesday, traders will be watching as some big names – including Pepsi, Citigroup, Wells Fargo and Delta Airlines – are set to announce 3Q earnings later in the week.