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Decline in Trucker Demand Could Foreshadow Recession

A sharp, unexpected downturn in trucking demand since the beginning of March could be evidence of a looming economic recession, according to Bank of America strategists. A Tuesday analyst note from Ken Hoexter, the managing…

Goldman Sachs Predicts When Recessions Will Hit U.S.

The Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists. The economists, led by Jan Hatzius, said in an analyst note…

Report: Deutsche Bank Predicts 2023 Recession for US

The Deutsche Bank this week warned that the Federal Reserve’s rising interest rates would trigger a U.S. recession beginning late next year as the country grapples with some of the fastest-growing inflation in decades. “We…

Federalreserve, Public domain, via Wikimedia Commons

Treasury Secretary: Another Recession is Coming if the…

Treasury Secretary Janet Yellen in a Tuesday interview refused to explicitly oppose raising the debt ceiling through budget reconciliation, partially contradicting Senate Majority Leader Chuck Schumer's stance as she warned of a recession if the U.S. defaults. Congress has until…