Although the Department of Labor isn’t publishing claims data during the shutdown, economists estimate, based on available state data, that the current claims level reflects a continued low firing ...

Southwest (LUV), American Airlines (AAL), and Alaska Airlines (AAL) are scrapping full-year forecasts, citing shaky travel demand, while PepsiCo (PEP) warns of no profit growth in 2025 due to rising ...

The U.S. economy is currently in a strange place. On the one hand, unemployment is fairly low at 4.2%. But on the other hand, President Trump's tariff policies have led to intense stock market ...

Southwest’s CEO declares an airline recession as political upheaval, inflation, and recession fears drive down travel demand—except in the luxury sector. ByAlex Ledsom, Senior Contributor. Forbes ...

Recession remains a possibility as tariff fallout continues to buffet global economies, according to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon. “Hopefully we’ll avoid it, but I wouldn’t ...

Apollo's Torsten Slok calls for a 90% chance of recession if Trump's tariffs are left unchanged. The Apollo economist says it is “not too late to modify the course" and suggests a 180-day pause on ...

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While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the ...

If a recession is going to come in the next 12 months — and most economists surveyed say it probably is — then U.S. President Joe Biden should hope it begins sooner rather than later. The last three ...

The latest figures from the U.S. Bureau of Economic Analysis (BEA) show that the American economy has experienced two consecutive quarters of negative real (inflation-adjusted) gross domestic product ...