The U.S. economy was on relatively solid footing heading into 2025, but a growing trade war and aggressive government layoffs have shaken up the economic outlook. The Federal Open Market Committee ...

The Federal Reserve on Wednesday painted a picture of an economy reshaped dramatically by President Donald Trump and his economic policy. It warned that tariffs could significantly dampen the ...

Many economists say tariffs and economic uncertainty are raising the risks of a recession. One of those economists is Larry Summers, a former U.S. Treasury secretary and former director of the ...