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A recession is generally categorized as a period of economic decay and decline. This phase is marked statistically as a period where two successive GDP quarters report stagnant metrics. A period marred by low industrial activity and trade, the US seems to be living in that era, even though the economy looks pristine from the outside. The latest recession stats are portraying a different story, claiming that the US is indeed in recession, with growing signs of uncertainty gnawing at the US economy. Also Read: 22,000 Federal Jobs Lost: Warning Sign for US Economy? US Economy In Recession, Stats Confirm Source: business-standard.com / Illustration: AJAY MOHANTY Per the recent update by the Kobeissi Letter on X, the US economy is showing signs of early recession. A leading recession indicator known as the Conference Board Leading Economic Index has now fallen by 0.1% in May. The index has posted its sixth decline on a monthly basis, spreading ominous fears of recession in the space. Moreov...

US jobs in May totaled 139,000 new positions, and this represents a job growth slowdown from April’s 177,000 additions. However, this beat economist forecasts of around 125,000. The unemployment rate held steady at 4.2%, but recession fears are mounting as crypto market reaction shows increased volatility amid broader economic concerns. JUST IN: US economy added 139,000 jobs in May, higher than expectations. — Watcher.Guru (@WatcherGuru) June 6, 2025 Also Read: Japan’s $1.1 Trillion in US Treasuries: A New Weapon in Economic Warfare US Jobs in May Signal Hiring Shift, Crypto & Recession Risks Source: Watcher.Guru The US jobs in May data reveals some concerning trends as job growth slowdown becomes more evident across various sectors. Federal workforce cuts accelerated during the month while private sectors like healthcare and leisure drove most of the hiring gains. Federal job losses hit 22,000 positions in May alone, and this brings the total cuts to 59,000 since January. These ...

In what could be a major development for the country, the US economy has added 177,000 jobs in April. Indeed, the data came in well above the 138,000 added jobs that had been expected, although still a fall from 228,000 in March. All eyes are on the data as the United States stands in an increasingly fragile state economically. The US stock market has been increasingly volatile throughout the month of April. Moreover, markets are increasingly concerned about a brewing trade war with China that could soon affect domestic prices. JUST IN: US economy added 177,000 jobs in April, more than expected. — Watcher.Guru (@WatcherGuru) May 2, 2025 Also Read: Top Economist Warns of US Economic Meltdown US Economy Boasts Notable Job Growth as It Beats Out Expectations Just three months into the year, uncertainty has been the prevailing theme for the US economy. With the country unveiling its America-first tariff plan in early April, there has been continued concern over how it could impact the cou...

Following the arrival of critical US economy inflation data, all eyes are on what the central bank is set to do about interest rates. Now, top Federal Reserve official Christopher Waller told CNBC that three to four cuts are still possible this year, “if the data cooperates.” The statement arrived after the most recent Bureau of Labor Statistics Consumer Price Index (CPI) saw inflation rise to 2.9% in December of 2024. Moreover, that data was an increase on November’s 2.7%. Moreover, Waller has previously been an outspoken advocate of more rate cuts this year. JUST IN: FED's Christopher Waller says "three or four cuts could be possible this year." — Watcher.Guru (@WatcherGuru) January 16, 2025 Also Read: Will the Fed’s Rate Cut Boost Bitcoin? Experts Weigh In Federal Reserve’s Christopher Waller Says As Many as Four Rate Cuts Could Be Possible This Year For the past several years, the US economy has been engaged in an aggressive fight against inflation. The metr...

Despite the consistent pressure facing the finance sector, US Treasury Secretary Janet Yellen has stated her belief that the US economy is performing “exceptionally well.” Moreover, Yellen was adamant about the resiliency of the banking sector amid recent turmoil. Conversely, Yellen’s statements arrive contrary to the perspective of various US banks. Specifically, Bank of America and JP Morgan have expressed concern over the current economic state of the country and what that means for the banking sector. JUST IN: Treasury Secretary Yellen says US economy is performing 'exceptionally well.' — Watcher.Guru (@WatcherGuru) April 11, 2023 Yellen Praises US Economy Performance There is little argument to be made against growing concerns regarding the United States’ economic outlook. Subsequently, as the banking sector experienced some of its largest closures since 2008, starting with Silicon Valley Bank, continued inflationary pressure has forced the hand of the Feder...