Scott Bessent has declared that the US housing market is currently in a “recession,” attributing this downturn to the Federal Reserve’s interest rate policies. He emphasized that the elevated rates ...

If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ...

For months, people have been talking about indicators of the dreaded R-word: recession. There have been the usual suspects: economists, investors, businesspeople and journalists. But maybe the most ...