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Americans haven’t felt this good about the economy in 18 years, but that could be foreshadowing a coming recession
US consumer confidence is at its strongest level since 2000, according to the Conference Board's most recent survey. Such peaks in confidence have preceded previous recessions, and some market watchers are worried about what happens this time.
‘Lehman Weekend’ heralded more than the global financial crisis — it opened the door for Donald Trump
"Lehman Weekend" in September of 2008 unmasked the American economy. The ensuing global financial crisis brought angry Tea Partiers to Congress, and a new form of right-wing populism was born — paving the way for Donald Trump's presidency.
Think tank the Center for Economic and Business Research thinks businesses will stockpile £38 billion worth of goods in the run-up to Brexit but then immediately run-down their supplies post-March 2019, causing a "mini-recession."
"The latest Turkish activity data suggest that the plunge in the lira since May, and the associated sharp tightening of financial conditions, has tipped the economy into recession," Capital Economics' Jason Tuvey wrote on Wednesday.
Wall Street’s favorite recession gauge is flashing yellow again — and not everyone thinks it’s a false alarm
Federal Reserve Chairman Jerome Powell has argued the narrowing gap between long- and short-term borrowing costs is nothing to worry about. Some of his colleagues, including St. Louis Fed President James Bullard and Minneapolis Fed President Neel Kashkari, disagree.
ANALYSIS: Federal Reserve Chairman Jerome Powell downplayed the threat of a trade war to the US economy. He also dismissed a key recession signal emerging from the bond market yield spreads, despite its historical reliability.
Following the 2007 economic downturn, hundreds of homes in the Slavic Village neighborhood of Cleveland foreclosed and went abandoned. One company is now striving to rehabilitate the neighborhood and offer affordable housing for residents hit by the recession.
It's 'happy hour' in America, the firm says, and a hangover is coming.
The yield curve has narrowed to a point not seen since right before the start of the Great Recession.
A forgotten metric is at its highest level since the financial crisis — here’s why you shouldn’t freak out just yet
A short-term borrowing indicator has hit its highest point since 2009.