Economic Indicators

One of Wall Street’s favorite indicators of an impending recession is flashing red, sparking fresh concern that the U.S. economy is on track for a downturn this year.

A major Russian steel company is on the verge of default after Citigroup froze its debt payment.

American consumers are grappling with the worst inflation in four decade, and more economic pain could be coming.

Most Americans are reporting seeing the effects of surging inflation, according to a new survey, and many are cutting back on spending in certain areas.

Orders at U.S. factories for long-lasting goods fell more than expected in February, snapping a months-long streak of increases and business investment as manufacturers confronted a worsening supply chain crisis.

Russia's invasion of Ukraine is expected to take a toll on the U.S. economy as it pushes inflation higher. This has caused Fannie Mae to reduce its economic forecast for this year in response.

The owner of a Connecticut bakery described how Russia's war with Ukraine has been impacting his business as the conflict has been contributing to the rising cost of ingredients and gas.

The Federal Reserve raised interest rates for the first time since 2018 at its March meeting. Here's what that means for consumers.

President Joe Biden on Twitter Wednesday accused oil and gas companies of padding their profits, saying gas prices should be lower. But not everyone agrees with the president's assessment.

St. Louis Federal Reserve President James Bullard said Friday the U.S. central bank needs to raise interest rates much faster in order to combat the hottest inflation in four decades – or risk losing its credibility.

Wholesale inflation surged in February, driven by rising gas prices. This could mean higher prices for consumers in the weeks to come.

Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war.

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

Manufacturing activity in New York state plunged in March for the first time since the early days of the COVID-19 pandemic as orders and shipments dropped and delivery times increased.

Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, surged again in February.

With inflation reaching yet another new 40-year high in February, economists have begun to question the Fed's ability to bring it back down.

With job growth surging past expectations in February, experts have said it supports the Federal Reserve's decision to raise rates in March.

Consumer inflation remains red hot driven by rising energy costs.

As inflation rises at its highest rate in years, many Americans who participated in a recent survey said having a more frequent pay schedule would help them with financial stress.