Before the 2024 presidential election, Donald Trump frequently stated that if he were elected, Americans would, once again, ...

The GDP, the labor market and consumer confidence all offer measures to tell whether the U.S. economy is close to a recession ...

A recession may be looming sooner than later driven by President Donald Trump’s tariff policies, according to Apollo Global ...

Larry Summers, former president of Harvard University, said in an interview that President Trump won’t end the war with ...

If so, the doom-mongers will look like chumps. The media, cast as the villain in Trump’s White House reality show, will be ...

The former Treasury Secretary and Harvard president says Trump's pressure campaign on higher education, with billions in ...

Former Treasury Secretary Lawrence H. Summers stresses that the Fed should hold interest rates steady as President Donald Trump continues to pressure the central bank, and criticizes Treasury ...

On the eve of FOMC meetings next week, President Donald Trump and Treasury Secretary Scott Bessent have both urged rate cuts.

Sales tax revenue plummets, hurting schools and local governments. Almost all the state government’s budget surpluses come ...

Former Treasury Secretary Lawrence Summers says it would be a "very serious error" for the Federal Reserve to ease interest ...

U.S. GROSS domestic product (GDP) shrank at an annual rate of 0.3 percent in the first quarter of this year, amid new tariff policies that have increased uncert ...