Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Atlanta Fed shock sounds 'Trumpcession' warning: McGeever
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Tariffs, layoffs, and immigration — the triple threat to economic growth that has Wall Street worrying about the U.S. economy
Recent data from the Atlanta Fed suggests an economic contraction is in the cards for the first quarter of 2025. Uncertainty ...
Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other ...
New York Sun17h
Facing Dismal Economic Projections From Atlanta Fed, Commerce Secretary Proposes Major Change to GDP Reporting
The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...
The state of the US economy, in 9 charts
President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy ...
Atlanta Fed's GDPNow model sees U.S. economy shrinking 2.8% in the first quarter of 2025
The Atlanta Fed GDPNow on Monday estimated that the U.S. economy will shrink at a 2.8% annualized rate in the first quarter of 2025 -- just days after it indicated that gross domestic product was on ...
Augusta Free Press10h
Atlanta Fed projecting economic downturn, as markets tumble on tariffs news
The Dow losing 1.48 percent of its market value, the Atlanta Fed forecasting a 2.8 percent GDP decline in the first quarter, ...
Atlanta Fed's GDPNow Estimate Falls Again
The Federal Reserve Bank of Atlanta’s running forecast for first-quarter gross domestic product slid again on Monday. The Atlanta Fed’s GDPNow estimate now calls for a first-quarter GDP decline of 2.8 ...
Shocking result from closely watched U.S. economic weathervane sounds ‘Trumpcession’ warning
“Trumpcession.” If you haven’t heard the term before, you will now, as a closely watched real-time U.S. economic weathervane ...
Wall Street is agonizing over the triple threat that could bash through the U.S. economy
Tariffs, DOGE layoffs, and immigration are the combined forces currently worrying Wall Street. Markets hate uncertainty, the ...