People lose jobs as companies cut costs through layoffs or hiring freezes. Historically, unemployment rises significantly during recessions, sometimes reaching 10% in severe downturns. During the ...

WASHINGTON — Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing ...

As CPI report shows inflation continued at 2.8% in February, tariffs fueled worries of another recession, which President ...

Concerns are heightening that the U.S. economy is heading toward a recession as the stock markets slide amid the Trump administration’s implementation of tariffs. President Donald Trump and his ...

Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of ...

U.S. District Judge Trevor McFadden, a Trump nominee, denied a request to block the administration from canceling $65 million ...

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising ...

Now, there is a bit of good news on the inflation front. The Bureau of Labor Statistics reports that the consumer price index rose 0.2% in February, for an annual basis of 2.8% — down from 3% on an ...

Trump's global tariffs of 25% on all imports of steel and aluminum also extend the duties to hundreds of products made from ...

"I think this country's going to boom, but, as I said, I can do it the easy way or the hard way," the president said.

There is a “maybe 35% probability” that the U.S. will enter a recession this year, says Alec Kersman, managing director and ...

Steven Mnuchin, the former Treasury Secretary under Donald Trump in his first term, is no longer in Washington. Yet, as ...