Economic Indicators

Treasury Secretary Janet Yellen argued that two back-to-back declines in economic growth do not mean the economy is in a recession, even though that is the unofficial sign.

The Federal Reserve raised interest rates again at its July meeting, marking its second 75-basis point hike this year. Here's how that affects your wallet.

Jared Bernstein, a member of the White House Council of Economic Advisers, wrote that a recession is defined as two consecutive quarters of negative GDP growth.

The Commerce Department released its first reading of second-quarter GDP data on Thursday, offering fresh insight into the health of the U.S. economy as inflation rages.

GDP contracted for the second consecutive quarter this year, which is the commonly used definition of a recession. Here's what that means for you.

Federal Reserve Chairman Jerome Powell said Wednesday that the strong labor market likely means the U.S. economy is not in a recession, despite growing fears.

Rising inflation could push the economy into a recession sooner than economists had previously projected, according to the latest forecast from Fannie Mae.

The United States trade deficit in goods shrank considerably in the month of June after a surge in exports. This news could potentially the fears of a potential recession.

For nearly a decade, China has been targeting Federal Reserve employees in an attempt to undermine American monetary policy, according to a Senate report.

Experts slammed President Biden after he touted a modest decrease in gas prices, a change of tune from when the president said there was little he could do about surging costs.

The Department of Energy is issuing a notice to sell 20 million additional barrels of oil from the Strategic Petroleum Reserve, as part of an effort to lower gas prices.

The Federal Reserve is expected to raise interest rate this week by an estimated three-quarters percentage point which puts the target range between 2.25% to 2.5%.

Power The Future, a group that advocates for cheap energy, announced a six-figure ad buy Monday targeting President Biden over his similarities to former President Jimmy Carter.

Former White House Chief of Staff Mick Mulvaney calls out the Biden admin.'s video on gas prices and argues the drop in cost is due to Americans getting poorer.

Consumer demand for homes is dying down as mortgage rates rise. With an interest rate hike expected from the Fed next week, rates could continue to move higher. Here's how you can get the best interest rate.

Department of Transportation Secretary Pete Buttigieg touted declining gas prices after suggesting that pain at the pump was good for transitioning to electric vehicles.

The Labor Department on Thursday released new data on jobless claims, revealing that the labor market is beginning to cool as the Federal Reserve raises interest rates.

The job market in July could see a significant shift in hiring, according to a new AI-driven report. Here's what jobs are expected to be the most need, and where it will occur.

The odds of a global recession are about 50%, Citi economists said in a new analyst note, warning there is a "real and present danger" of a downturn.

Biden administration officials have said a return to the Iran nuclear deal could help drive down gas prices as frustration at the pump continues.