White House pushes back on recession talk before Thursday’s GDP report
admin The Biden White House on Tuesday played defense before Thursday’s much-anticipated reading on U.S. gross…
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Here’s the threat to markets if investors ignore ‘nontrivial’ stagflation risk
Financial market participants completely missed the non-transitory nature of inflation over the past year, failing…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
Read MoreU.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
Read MoreU.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in…
Read MoreU.S. home-price growth slips in May from record high: Case-Shiller
The numbers: The S&P CoreLogic Case-Shiller 20-city index decelerated to a 20.5% year-over-year gain in…
Read MoreThe global economy may soon be teetering on the edge of a recession, IMF says
The global economy is facing the possibility of a severe downturn that would rank in…
Read MoreU.S. home prices slip in May from record high in prior month: Case-Shiller
The numbers: The S&P CoreLogic Case-Shiller 20-city index decelerated to a 20.5% year-over-year gain in…
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Opinion: Everything you need to know about the economic recession that we are definitely not in right now
It’s getting wild. We’re already hearing a lot of loose talk about the economy this…
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