Bridgewater founder: 'We are at a decisionmaking point and very close to a recession'
Raydario, a billionaire investor and founder of Hedge Fund Bridgewater Associates, said on Sunday that the US was “very close to a recession.” In an interview with NBC News on “Meet the Press,” Dalio raised concerns about the confluence of various economic and political factors that he said could send the US economy to “something […]
Schiff: 'If we head into a recession, it will be the Trump recession'
Sen. Adam Schiff (D-Calif) said Trump is “destroying the economy,” adding that when the US heads into a recession, it will become known as the “Trump Recession.” When he appeared on NBC News' “Meet the Press,” Schiff was asked by host Kristen Welker about Trump's assurance that his global tariffs would create a “economic revolution.” […]
Treasury secretary: 'There is no reason we need to have a recession'
Treasury Secretary Scott Becent on Tuesday tried to alleviate concerns about the state of the economy after saying this weekend that there is “no guarantee” about the recession. In an interview Tuesday about Fox Business Network's “Mornings With Maria,” Anchor Maria Bartiromo gave him the opportunity to address comments from Sunday's interview with Kristen Welker […]
Top Trump economic aide: 'No, we're not headed for a recession'
President Trump's top economic aide on Friday said the country is not heading towards a recession and defended the commander with chief tariffs on the US's biggest trading partner. “No, we're not heading towards a recession, but as you know, don't forget that the tariffs placed alongside Canada and Mexico are fighting the war on […]