Recession

Experts warned that a reduction in the U.S. population by 2100 could have negative economic outcomes, including recession, inflation and a loss of GDP.

Grant Thornton LLP, one of the largest accounting firms in the United States, will lay off 200 employees over recession fears. The latest round follows 300 this summer.

An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.

Americans cut back on spending even as the odds of a U.S. economic recession decrease, a recent survey said.

Fannie Mae is predicting a mild recession for the U.S. economy in the first half of 2024 but has upgraded its gross domestic product (GDP) and inflation outlook.

Billionaire investor and 'The Bond King' Jeffrey Gundlach says economic indicators are "strongly suggestive" of a recession in the first half of next year.

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.

If the unemployment rate rises slightly this month, it could mean a recession in October, according to a mathematical model that correctly signaled the 2020 recession. But economists are split about the likelihood of a recession this year. Here’s what you need to know.

The U.S. economy is likely to tumble into a recession within the next year as inflation remains uncomfortably high, according to Deutsche Bank analysts.

August's job growth was seen across several industries, primarily driven by health care, leisure and hospitality, social assistance and construction jobs, according to the Bureau of Labor Statistics.

Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 15%, citing better-than-expected economic data.

Fannie Mae said it continued to expect a modest recession beginning in the fourth quarter of this year or the first quarter of 2024, but a strong housing market would provide a "downside cushion."

Nearly two-thirds of working Americans who are at least 55 years old said they’ll delay retirement, a survey found. And those saving for retirement are doing so in a time of stubborn inflation and recession fears.

Growth in the economy as measured by gross domestic product (GDP) increased in the second quarter, suppressing fears of a recession. It could push the Federal Reserve to continue raising rates to lower inflation in the months to come.

A majority of business economists believe the odds of a recession within the next 12 months are at 50% or less, according to a survey published by NABE.

Interest rates have impacted the finances of 61% of Americans, an Allianz survey found. Some experts predict the Fed will raise interest rates again in July as inflation has not cooled to its target range.

Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 20%, citing better-than-expected economic data.

Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.

The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.

A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.