From tax cuts to new trade conflict with China, re-electing Trump will have a major economic impact
More companies are downgrading their earning estimation in the face of various economic and geopolitical factors
Higher interest rates are among the reasons the US has seen a surge in bankruptcy filings
IMF's managing director Kristalina Georgieva is hopeful about the US economy as inflation declines further
The U.S. economy likely grew in the third quarter at its fastest pace of any quarter in nearly two years, again defying dire warnings of a recession, as higher wages from a tight labor market helped to power consumer spending.
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.