We know the first rule of holes is stop digging. We are in a hole that we have made. If we stop digging, the situation is ...

The odds favor the country going into a recession this year, economist Larry Summers told Arizona real estate lenders at an ...

In a wide ranging interview with Fortune, the former Treasury Secretary also says we're already seeing the first signals of a ...

After more than a week of escalating tariffs on the United States’ closest allies and adversaries alike, Harvard economists ...

That dynamic has prompted some prospective home buyers to say they’re holding out for a recession because they expect an economic downturn will force home prices lower. They might be in for a ...

Economist Larry Summers, whose warnings to Democrats about the risks of inflation during President Joe Biden's term proved prescient, is now warning that something even worse could be coming thanks to ...

Donald Trump said the purpose of the tariffs is getting countries to the negotiating table, but many are saying their ...

Larry Summers, who held the post during the presidency of Bill Clinton, is sounding the alarm over the impact of Donald Trump ...

Investors are hoping that President Trump will strike more deals with major trading partners to soften his new tariffs.

A US economic downturn would have various other negative effects In the context of a recession, we’ll see an extra 2 million ...

Former Treasury Secretary Larry Summers said the U.S. will likely enter a recession and lose 2 million additional jobs as a ...

Former Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, and two million jobs ...