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![]() Eleanor PringleFortune |
Moody’s chief economist, Mark Zandi, tells Fortune parts of America are already in recession, with 22 states contracting despite strong national GDP...
JPMorgan CEO Jamie Dimon says a U.S. recession could hit in 2026, a warning to markets not to get complacent despite strong GDP growth and AI optimism
Oxford Economics warns U.S. growth could stall if tech investment cools, with global GDP also at risk if AI enthusiasm shows signs of waning.
Ken Griffin said investors want to make the most of the rally in American equities but are hedging their spoils out of U.S. sovereign risk.
Moody’s warns U.S. job growth has stalled as the shutdown halts official labor data, forcing Wall Street and the Fed to rely on patchy private...
Treasury Secretary Scott Bessent hails Javier Milei’s Argentina as a “beacon” for South America, backing it with swap lines while ruling out...
Gold is nearing $3,870 as investors flock to safe-haven assets despite Wall Street optimism, Fed rate cut bets, and recession fears fading.
Consumer confidence has dropped below key thresholds, challenging Fed policymakers and Wall Street’s bullish market view.
Wall Street braces for a U.S. government shutdown as payroll data stalls, leaving the Fed and investors flying blind on key economic signals.
Cleveland Fed chief Beth Hammack says markets expect strong consumer demand to keep fueling record S&P 500 gains—even as confidence slips.
Ken Griffin urges the White House to avoid picking corporate “winners and losers,” warning exemptions for major companies could backfire with...
U.S. economic data keeps coming back stronger than expected, and frankly it's raining on the parade for markets.
Oxford Economics finds that tariffs, labor dynamics, and policy shifts have hit younger and lower-income households hardest.
Bessent seemed determined to drive his warning home: "You can't enact policies like this and expect to be bailed out."
Jeff Housenbold spent a couple of hours with the YouTube star's mother—and missed his flight.
Dimon stressed that only faster growth—unlocked by lighter regulation and freer trade—can restore balance to the U.S.’s debt-to-GDP ratio.
Buffett's backing had been a feather in the cap of BYD because Berkshire Hathaway has thus far resisted in investing in its main rival, Elon Musk's...
Some experts told Fortune that they had forgotten entirely about the long-term interest rate rule.
With Social Security projected to be insolvent by 2032, Commissioner Frank Bisignano says options like raising the retirement age are on the table for...
Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not confidence.
Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem."
With markets convinced of a Fed rate cut, Powell must navigate divisions inside the FOMC over inflation, tariffs, and jobs data.
Jamie Dimon says the next JPMorgan CEO must be a “coach” and motivator, not just the smartest in the room, as succession planning heats up.
With U.S. jobless claims surging and labor data revised sharply lower, markets see Powell locked into a September Fed rate cut despite sticky...
Job weakness and softer inflation data push markets to fully price a September Fed cut, but Powell’s decision could spark volatility if he resists.
“Hopefully things will be okay, but you do see that kind of weakening,” he said.
Conference Board data signals potential U.S. jobs turning point, as economistMitchell Barnes highlights rising job seeker struggles and weakening...
Jerome Powell’s Fed faces labor market weakness as Wall Street bets on rate cuts, with Jeremy Siegel and Goldman Sachs backing easing ahead.
Ken Griffin warns Trump’s pressure on Jerome Powell and the Federal Reserve risks eroding U.S. institutional credibility.
The Federal Reserve faces rising labor market weakness as BLS revisions, JOLTS downturn, and AI job displacement fuel calls for FOMC rate cuts—but...
Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor...
AI job losses may be starting to show up in U.S. data, with a St. Louis Fed study linking rising unemployment to industries adopting generative AI.
"I think that what is happening now politically and socially is analogous to what happened around the world in the 1930-40 period," he said.
Ex-OpenAI researcher Miki Habryn left her dream job and U.S. home under Trump, joining a wave of Americans moving abroad amid political fears.
Trump pushes Judge Jia Cobb to recuse from his battle with Fed Governor Lisa Cook, escalating tensions over the central bank’s independence.
Trump’s bid to oust Fed Governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.
"In market downturns, we’ll see a significant number of new investors facing losses—directly visible to them in real-time. New investors, or even...
HSBC's Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to...
While UBS’s Paul Donovan told clients the attempt was “completely unprecedented,” Wharton’s Jeremy Siegel argued her ousting adds “noise but...
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the...
Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
Markets bet on a September Fed rate cut at Jackson Hole, but sticky inflation, Trump tariffs, and Powell’s framework review could derail expectations.
In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth,...
Niccol said Starbucks was founded on customer experience, and wants to return the brand to a position of excellence.
While Rieder's dovish stance aligns with President Trump’s, the BlackRock exec's acknowledgment of tariff-driven inflation may test his appeal to...
White House deputy press secretary Kush Desai told Fortune the debt-to-GDP ratio has fallen under Trump and will keep improving with pro-growth...
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts warn that rising core...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
Once upon a time, a decision to delay sky-high tariffs on China would have been an eleventh hour save—but in 2025 markets barely noticed.
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data...