US headed for recession and another inflation spike in 2023, famed investor Michael Burry says
The U.S. economy is likely poised to tumble into a recession and experience another inflation surge in 2023, according to hedge fund investor Michael Burry.
US new home sales unexpectedly increase in November for second straight month
Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.
Fed's preferred inflation gauge cooled in November, but prices remained stubbornly high
Inflation showed signs of cooling last month, a welcoming sign for the Federal Reserve as it tries to cool consumer prices with higher interest rates.
Economic index falls for ninth straight month, flashing recession warning
The Conference Board's Leading Economic Indicators index fell for the ninth straight month, signaling that a recession is looming on the horizon in the U.S.
GDP revised upward for Q3, but economic uncertainty remains
GDP estimate revised upward for the third quarter, but Americans are still concerned about inflation, high interest rates and a possible recession.
US economy faces turbulent 2023 as recession fears grow
The U.S. economy is likely headed for a recession in 2023 as a result of the Federal Reserve's fight to kill inflation with steep interest rate hikes.
US economic growth revised up to 3.2% in third quarter in show of resiliency
The U.S. economy expanded in the third quarter after shrinking in the first half of the year, but economists remain worried about a recession in 2023.
Is the US economy headed for a recession in 2023? Majority of economists say yes
The Federal Reserve is likely to tip the U.S. economy into a recession with its aggressive interest rate hike campaign, according to a survey of economists.
Existing home sales tumble 7.7% in November, 10th straight month of declines
Sales of previously owned houses fell in November for the 10th consecutive month as rising interest rates pushed potential homebuyers out of the market.
Housing starts fall in November for third straight month as higher mortgage rates sting
Rising interest rates and stubbornly high prices are starting to cool the housing market, with new home construction in the U.S. falling again in November.
Bear market likely to last in 2023 as Fed raises interest rates higher
The Federal Reserve is likely to trigger a recession in 2023, further rattling the U.S. stock market and sending equities lower, according to one analyst.
Will a Santa Claus Rally come to Wall Street this year?
A Santa Claus Rally is in doubt after the U.S. Federal Reserve decided to raise interest rates and economic recession looms.
Larry Kudlow: Senate GOP support of the omnibus spending bill is a betrayal of House Republicans
FOX Business host Larry Kudlow calls out Senate Republicans for supporting the omnibus spending bill, which might affect high inflation and deepen a recession, on 'Kudlow.'
Larry Kudlow: The omnibus spending bill is 'antithetical to economic prosperity'
Larry Kudlow calls out Federal Reserve chair Powell for not calling on Congress to stop federal spending and blasts GOP leaders for working with Dems on the omnibus spending bill on 'Kudlow.'
Fed raises interest rates 50 basis points, citing improved economic indicators
The Federal Reserve announced a 50 basis point interest rate increase on Wednesday and said it expected future rate increases.
Federal Reserve interest rate hike draws mixed reactions: Fed committed to a 'high unemployment recession'
Federal Reserve Chairman Jerome Powell's announcement that the U.S. central bank is raising interest rates by 50 basis points was met with mixed reaction across the political spectrum.
Larry Kudlow: Save America and kill the omnibus spending bill
FOX Business host Larry Kudlow analyzes the Federal Reserve's announcement on the economy and urges Republican senators to vote "no" on the omnibus spending bill on 'Kudlow.'
November inflation rises at the slowest rate this year, beating expectations
Inflation rose 7.1% year-over-year in November, a slowdown from the 7.7% increase in October. Here's what this means for the economy and future interest rate hikes.
Fed slows interest rate increases with 50-basis-point hike, but signals more to come
The Federal Reserve enacted its seventh consecutive interest rate hike this year as it attempts to cool inflation without triggering an economic recession.
Fed likely to slow interest rate hikes at final meeting of the year
High inflation will likely keep the Fed on track to continue raising interest rates well into 2023 as policymakers try to crush stubbornly high prices.



















