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Nobel laureate Paul Krugman says he's confused by the current US economy - and predicts the Fed will keep fighting inflation until it's clearly won

March 9, 2023March 9, 2023
Posted By: Investor

Paul Krugman.Jeff Zelevansky/Getty Images Paul Krugman can’t get a good read on inflation, unemployment, and the health of the US economy. The Nobel Prize-winning

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Larry Summers: US economy could hit an ‘air pocket’ in the coming months

March 9, 2023March 9, 2023
Posted By: Investor

The US economy may still be running fast and strong, but its risk of suddenly falling into a recession still looms large, despite the

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US economy sending mixed signals: Here's what it all means

March 9, 2023March 9, 2023
Posted By: Investor

WASHINGTON (AP) — Maybe it was just too good to be true. © Provided by The Associated Press An ironworker guides a beam during

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Larry Summers warns US economy could face ‘Wile E. Coyote moment’

March 9, 2023March 9, 2023
Posted By: Investor

The US economy could face a “Wile E. Coyote moment” as the Federal Reserve struggles to bring down persistent inflation, according to ex-Treasury Secretary

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Debt Default Would Devastate US Economy, Moody’s Warns

March 9, 2023March 9, 2023
Posted By: Investor

What will happen if lawmakers fail to raise the $31.4 trillion debt limit before the U.S. Treasury runs out of cash to pay its

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The US housing market is in recession - and the pandemic has created a unique economic headache, elite strategist Liz Ann Sonders says

March 9, 2023March 9, 2023
Posted By: Investor

Liz Ann Sonders.Screenshot via Bloomberg TV Liz Ann Sonders warned that housing and other parts of the US economy are in recession. Charles Schwab’s

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'Bond King' Jeffrey Gundlach warns of jumbo rate hikes because the US economy is too hot

March 9, 2023March 9, 2023
Posted By: Investor

CEO and CIO of DoubleLine Capital Jeffrey GundlachREUTERS/Eduardo Munoz Billionaire investor Jeffrey Gundlach says the Fed is “very likely” to raise interest rates by

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US Economy Got a Strong Start in 2023, Fed’s Beige Book Says

March 9, 2023March 9, 2023
Posted By: Investor

[unable to retrieve full-text content]The economy proved resilient to start the new year, marked by steady consumer spending and stabilizing manufacturing activity, contacts surveyed

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Oil flat as China hopes, US stock draw contend with economic concerns

March 9, 2023March 9, 2023
Posted By: Investor

By Emily Chow © Thomson Reuters FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara SINGAPORE (Reuters) -Oil

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European stocks slip as investors await US economic data

March 9, 2023March 9, 2023
Posted By: Investor

European stocks fell at the open on Thursday as investors looked ahead to the release of crucial economic data that help determine if the

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