Recession

Consumers Haven’t Been This Gloomy Since the Pandemic and the Great Recession
Consumers Haven’t Been This Gloomy Since the Pandemic and the Great Recession
April 11, 2025  |  Economy

You’d have to go back to the last few seismic shocks to the U.S. economy — the pandemic and the Great Recession — to find...

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Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
April 09, 2025  |  Economy

Goldman Sachs Group economists reportedly issued a note predicting a recession due to new U.S. tariffs and then retracted that forecast a little over an...

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Jamie Dimon: Recession a ‘Likely Outcome’ of US Tariffs
Jamie Dimon: Recession a ‘Likely Outcome’ of US Tariffs
April 09, 2025  |  Economy

The CEO of America’s biggest bank says the country’s tariffs will likely trigger a recession. In an interview Wednesday (April 9) with Fox Business’ “Mornings...

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Bank Bosses Reportedly Out of the Loop on Trump’s Tariffs
Bank Bosses Reportedly Out of the Loop on Trump’s Tariffs
April 09, 2025  |  Economy

The heads of America’s biggest banks are reportedly disconnected from the White House’s tariff efforts. To illustrate this fact, The Wall Street Journal (WSJ) on...

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Recession and Tariff Fears Could Overshadow Big Bank Earnings
Recession and Tariff Fears Could Overshadow Big Bank Earnings
April 08, 2025  |  Banking

This week, America’s biggest banks are set to report their quarterly earnings. But as Reuters reported Tuesday (April 8), investors are less likely to be focused on...

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Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears
Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears
April 08, 2025  |  Economy

As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a...

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Spending Caution Sets In as Consumers Weigh Economic Outlook
Spending Caution Sets In as Consumers Weigh Economic Outlook
January 29, 2025  |  Consumer Insights

The state and stability of one’s job — and by extension, earnings prospects — lies at the heart of consumers’ confidence over their own financial...

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Goldman: Recession Seems Less Likely After Jobs/Sales Reports
Goldman: Recession Seems Less Likely After Jobs/Sales Reports
August 18, 2024  |  Economy

Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. As Bloomberg News reported Saturday (Aug. 17), the banking giant now gives an...

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Fed Governor: Inflation Still at ‘Uncomfortable’ Level
Fed Governor: Inflation Still at ‘Uncomfortable’ Level
August 11, 2024  |  Economy

Despite some progress, Federal Reserve Governor Michelle Bowman says inflation remains “uncomfortably above” 2%. “Should the incoming data continue to show that inflation is moving...

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