Gen Z and millennials are the only generations with current unemployment rates higher than unemployment during the peak of the Great Recession.
The immediate, post-tariff announcement market reactions smacked of rising recession risk. Stocks dropped along with the dollar. Oil collapsed. Treasuries soared. Even gold sold off for a bit before ...
Some pros are beginning to declare that a recession is coming soon. Mark Zandi, Moody’s Analytics chief economist, tweeted on Friday that the U.S. economy “has entered a jobs recession” and told ...
The latest ratio of 0.13% means that out of 10,000 workers, 13 made an initial application for unemployment insurance ...
What’s it’s like to be retired when a recession hits? Every good ship’s captain knows how to ride out choppy waters. He’s got a tried-and-true rulebook. Maybe it’s not in writing. Maybe it’s just in ...
The headline unemployment rate is still low by historical standards, but the story underneath has shifted. Hiring has slowed, ...
President Trump sparked concerns this week when he declined to rule out the possibility of a U.S. recession this year. Asked on Fox news if he expects such a slump, Mr. Trump said, "I hate to predict ...
President Trump's wide-ranging tariffs have sent the stock market tumbling and recession fears soaring. As the dust settles and markets wait for more information on the result of the administration's ...
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As the U.S. economy shrinks, fears and predictions of a recession continue to grow. New Commerce Department data shows that the country's gross domestic product (GDP) contracted at an annual rate of 0 ...
The U.S. stock market seems to be casting aside worries that President Donald Trump’s tariffs risk causing a recession. “Forward earnings expectations remain remarkably resilient notwithstanding ...
For weeks, stock markets have been falling, and the plunge accelerated after President Donald Trump on April 2 unveiled U.S. tariffs on virtually every country. Several things tend to happen in ...