Tag: recession fears

No Recession Risk for US Economy After $11 Billion Shutdown Blow, Bessent Declares in Reuters Exclusive

Hedge fund manager Scott Bessent tells Reuters exclusively: No recession for US…

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US Retail Sales Climb 0.5% in October, Topping Forecasts and Dimming Recession Fears

US retail sales rose 0.5% in October, surpassing 0.3% forecasts and signaling…

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US Unemployment Claims Plunge to 212K, Defying Forecasts and Boosting Economic Optimism

US initial jobless claims unexpectedly fell to 212,000, below forecasts, highlighting a…

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Unexpected Drop in Jobless Claims Signals Strength in US Labor Market Amid High Interest Rates

Initial jobless claims unexpectedly fell to 208,000 last week, below forecasts, highlighting…

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