Opinion
Overdue: Nearly 40% of Americans can’t pay their bills(The Daily Signal) – A new poll finds that nearly 40% of Americans worry about paying the bills “most or all of the time”—which is even higher than during the 2008… Read More
Economy
Is the U.S. economy on the brink of recession?(The Center Square) – The Federal Reserve held its key interest rate steady last week and hinted at the possibility of a rate cut in September. What happened next seemed… Read More
Economy
Economists: recession on horizon(The Center Square) – Americans should brace for and expect a recession this year, economists are warning, arguing the details of the latest jobs report are not a good indicator. Read More
Economy
St. Louis Fed analysis shows recession probability(The Center Square) – When interest rates on short-term bank deposits or bonds are higher than long-term products, a recession could be around the corner, according to an analysis by… Read More
Economy
Credit rating agency warns recession could trigger property tax hikes(The Center Square) – Fitch Ratings said Friday that the outlook for state and local governments was “deteriorating” and an expected recession could put pressure on state and local governments… Read More
Economy
Report: Majority of Americans living paycheck to paycheck, struggling with inflation(The Center Square) – Newly released economic survey data shows two out of three Americans are living paycheck to paycheck as they deal with rising costs. The research and data… Read More
Economy
High housing costs pressure military families(The Center Square) – High inflation rates have left veteran and military families feeling the pain. According to the U.S. Bureau of Labor Statistics’ latest federal report, consumer prices… Read More
Economy
Biden denies recession after GDP decline, but economists say otherwise(The Center Square) – The U.S. economy has shrunk for six consecutive months, according to federal data released Thursday, which led many economists to declare a recession. But the Biden… Read More
Economy
‘Uncharted Territory:’ U.S. debt will nearly double GDP within 30 years, Feds say(The Center Square) – Federal debt will nearly double the nation’s Gross Domestic Product by 2052 if it continues on its current trajectory, the U.S. Congressional Budget Office says in… Read More
Economy
Recession? GDP shows 2nd consecutive quarter of negative growth(The Center Square) – U.S. Gross Domestic Product decreased by 0.9% in the second quarter of 2022, according to new data from Bureau of Economic Analysis, signaling the start of… Read More
Economy
Economist: 30% chance that U.S. enters a recession within a year’s time(The Center Square) – A Goldman Sachs economist says there is a 30% probability of the U.S. entering a recession within one year and 48% within two years. Goldman Sachs Chief… Read More
Economy
Poll: 3 out of 4 middle class families are falling behind as prices rise(The Center Square) – Three out of four middle class households report falling behind the rising cost of living as inflation continues to soar, according to a new poll. Primerica… Read More
Economy
Poll: 83% of Americans cutting back on personal spending due to inflation(The Center Square) – The vast majority of Americans are cutting back on their spending because of rising inflation, according to new survey data. Provident Bank based in… Read More
Economy
Poll: 88% of small businesses concerned recession is around the corner(The Center Square) – The vast majority of small business owners fear a recession in the coming year, according to a new poll. The Small Business and Entrepreneurship Council released… Read More
Economy
U.S. Treasury Secretary says recession is not inevitable, CEOs say it is on the way(The Center Square) – U.S. Treasury Secretary Janet Yellen says that a recession is not inevitable, comments that have been met with skepticism by business leaders. In an … Read More
National
Majority of CEOs say economy will get worse(The Center Square) – A new survey of business leaders reports the majority are predicting an economic recession in the U.S. The Conference Board, a group for businesses focused… Read More
National
U.S. economy shrank in Q1, raising concerns about stagflation, possible recession(The Center Square) – The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic data… Read More