US retail sales fell for a second month in May, suggesting anxiety over tariffs and their finances prompted consumers to pull back after an early-year spending rush.

DXY climbs above 97.60 as traders brace for the Fed decision. Middle East tensions and oversold conditions fuel safe-haven flows into the dollar.

The probability a recession would start in the U.S. during the next 12 months dropped to as low as 21.8% on 7 March 2025, ...

With each passing day, it seems like average 30-year mortgage rates could remain stuck near 6.8% for the rest of the year.

Bond investors, anticipating the Federal Reserve will hold interest rates steady again this week, are moving away from longer ...

The World Bank has revised its global growth forecast for 2025, downward by 0.4 percentage points to 2.3%, citing escalating ...

Economic recovery from the "recession the Reserve Bank made us have " is coming, but it's taking a lot longer than expected, ...

At Old Dominion University's annual Midyear Economic Forecast, local economists raised concerns about increasing tariffs, ...

Steve Hanke predicts a US recession by year-end, citing fiscal deficits, policy instability, and monetary tightening.

Goldman Sachs on Thursday trimmed its US recession probability to 30 per cent from 35 per cent for the next twelve months on easing uncertainty around President Donald Trump’s tariff policies after ...

Investors breathed a sigh of relief following the easing concerns of an economic recession, after Trump's tariffs rattled global financial markets.

Goldman Sachs on Thursday reportedly slashed its U.S. recession probability to 30% from 35% for the next 12 months as ...