Interventionist fiscal policy may have stopped demand from collapsing. But the intervention is so large that politicians are ...

Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, ...

Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary ...

Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.

Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn't want a depression, according to a Wednesday night ...

Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government ...