JPMorgan's chief economist said on Friday the bank is no longer forecasting a US recession this year and has raised its economic growth estimate as the economy expands at a "healthy pace."
It is hard to ignore the growing consensus among economists that the combination of inflation and interest rate hikes alongside tempered Chinese demand and US economic uncertainty could be the perfect storm for a global recession.
One of the few axioms of US politics is the loss of seats by the president's party in midterm House elections
A first read on US economic growth last quarter, due out Thursday, will amplify an ongoing debate over whether the country is, or will soon be, in recession.
A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived:
The International Monetary Fund warns the United States over poverty and rising inequality in the country, saying both could hold back its economic potential.