Haberman: Trump’s dismissal of recession concerns is a ‘facade he is maintaining’
Maggie Haberman, a political correspondent with the New York Times, recently addressed concerns about Trump’s economic policies, describing them as part of a “frontline.” On CNN’s “The Source,” host Kaitlan Collins asked if Trump seemed unaware of how his new tariffs were impacting the US economy. Haberman responded, suggesting that’s the persona he’s adopting. “They […]
JD FOSTER: A Recession Is Not on the Horizon
Monthly economic reports often come with a mix of clarity and confusion, and this week was no different. However, the overall message seems positive—the economy appears to be in good shape. The immediate good news from Wednesday is that the Fed’s key inflation measure, the Personal Consumption Expenditures Index, showed no inflation. It’s just one […]
Trump states that the economy is going through a ‘transition period’ and minimizes worries about a recession.
President Donald Trump recently downplayed concerns about a short-term recession, suggesting that the U.S. economy is merely in a “transition period” and doesn’t need to be “fantastic.” In an interview with NBC News, he highlighted that while some analysts express worries, others on Wall Street believe the economy is thriving. When pressed about the recession […]
Trump on whether the US will face a recession: “Anything is possible”
In a recent interview, President Trump addressed concerns about a potential recession in the U.S. He noted that “anything can happen,” but expressed his belief that the nation’s economy would ultimately be “alright” in the long term. During the NBC’s “Meet the Press,” which aired in full on Sunday, he downplayed worries about the possibility […]
Chamber of Commerce asks for tariff exclusions, warns of recession
The U.S. Chamber of Commerce raised concerns about the recession on Wednesday asking the Trump administration to exempt tariffs on certain businesses and products. “This Chamber of Commerce hears every day from small business owners who see their capabilities at risk due to recent increases in tariff charges,” said Suzanne Clark, president and CEO of […]
Scott Bessent Says Growing Recession Fears Are ‘Media Driven’
Treasury Secretary Scott Bescent said Sunday that the horrors of the growing recession among the American people were largely “media-driven.” Bescent disputes recent headlines claiming the Dow Jones industrial average has been heading towards its worst in April since 1932, saying the stock market is bounced back after a massive drop at the beginning of […]
'ECONOMIC TRANSITION': Trump administration tries to calm recession fears
President Donald Trump and his administration address market volatility amid tariff wars. Subscribe to Fox News! source
Chipotle sales slump as recession fears hit burrito chain: ‘Consumers were saving money’
Chipotle Mexican Grill on Wednesday softened its annual sales growth forecast as sticky inflation and economic uncertainty reduced consumers and brought Burrito Chain stock down 3% after opening hours. The company is currently expecting annual sales growth rates in a single digit lower range compared to its pre-estimation of low single digit rise. President Trump’s […]
‘No Signs’ We Are in or Close to a Recession
When he appeared on CNBC’s “Squawk Box” on Tuesday, Chevron CEO Mike Worth downplayed the possibility of a recession. However, he admitted that he was growing slower. “Doesn’t that mean you don’t think you’re heading towards a recession in your plans at this point?” asked Becky Quick, co-host of “Squawk Box.” “There’s no indication that […]
Ray Dalio says Trump trade war has put US ‘close to a recession’
Ray Dalio, founder of one of the world’s biggest hedge funds, said on Sunday that President Trump’s trade war brought the US closer to a recession. He was asked on NBC’s Match the Press if he thought the world’s biggest economy could immerse himself in a recession. Usually understood As a meaningful reduction in output, […]