The strong jobs market creates a "virtuous cycle," one economist said. People have money to boost the economy with Taylor Swift concerts and flights.

With some economists warning about a recession this year, Myrtle Beach’s main industry, tourism, could take a hit. Senior economist Geoff Lacher of Tourism Economics said he was hopeful that the ...

Readers who are knowledgeable about Sherlock Holmes stories know that in one of them, an important clue is that a dog didn’t bark. Well, we in the economics profession have experienced our own ...

Many experts predicted the U.S. would fall into a recession in 2023, mostly due to the Federal Reserve's interest rate hikes. The nation's economy is instead closing the year on a high note. CBS News ...

The Recession That Many Predicted for 2023 Seems Likely To Be Avoided Next Year Too Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down ...

Inflation is falling, but some risks remain for the US economy. High interest rates could slow consumer spending and lead to layoffs. Experts are divided on whether the US will avoid a recession in ...

Just eight out of 251 trading days can explain the market's big moves this year, DataTrek said. Four factors are largely behind the moves: Fed policy, long term interest rates, Big Tech earnings, and ...

Rising US corporate bankruptcies are due to Fed rate hikes, Apollo chief economist said. Higher rates have increased borrowing costs, pressuring companies with high levels of debt. Filings so far this ...

10 Worst States to live in a Recession 2023. (Finance) If you haven’t noticed, we are in a recession. In our last video, we talked about the best states to be in to survive a recession. In this video, ...

This year is set to be the real estate market’s slowest year since the Great Recession as buyers grapple with high prices, high mortgage rates and high economic anxiety, according to a report Thursday ...

Germany's gross domestic product (GDP) shrank by 0.3% in 2023, according to preliminary figures from the Federal Statistical Office, confirming that Europe's largest economy spent the year in a ...