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YOU WONT BELIEVE: 3 - You Need To See This

Stock Market Today: Nasdaq, S&P 500 Futures Gain Amid December Rate Cut Possibility — Pony AI, Alphabet, Zoom In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the earnings and the headline of the story were updated.

Benzinga

Top Economist Warns Of 'Serious Affordability Crisis' Amid Trump Tariffs And Immigration Restrictions — 'Juicing' Inflation

Mark Zandi, Chief Economist at Moody's Analytics, has issued a sharp warning regarding the trajectory of the U.S. economy, declaring that it is currently mired in a “serious affordability crisis.”

Benzinga

‘It didn’t have to be this way’: Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher

“Consumer price inflation is near 3%, well above the Fed’s inflation target, and everything points to even higher inflation dead-ahead.”

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

22 States Are Facing Recession or Already in One — Is Your State at Risk?

Is your state economy in recession? A Moody’s analyst says 22 states are either in one or at high risk, and they represent a huge chunk of U.S. economic output.

GOBankingRates

Jeff Bezos Warns of a Market Crash in the Coming Months, Advises People Against Big-Ticket Purchases

Amazon founder Jeff Bezos urges consumers to delay large purchases and advises small businesses to pause capex and acquisitions amid growing fears of an imminent market crash.

International Business Times UK

Trump’s ‘affordability’ efforts are a mess of absurdity and magical thinking

After Republicans were trounced in this month’s votes, the administration has launched a slapdash, ill-conceived campaign

The Guardian - US

Trump's Economic Boom Cracks As 23 States Fall Into Recession

A stark new analysis by Moody's chief economist Mark Zandi reveals 23 US states are in or near recession, raising serious doubts about Trump's economic legacy and his 'Make America Great Again'.

International Business Times

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Trump's Economic Boom Cracks As 23 States Fall Into Recession, 'Is America Great Again?'

A stark new analysis by Moody's chief economist Mark Zandi reveals 23 US states are in or near recession, raising serious doubts about Trump's economic legacy and his 'Make America Great Again'.

International Business Times UK

22 States in or Near a Recession Right Now — and What It Means for Residents

Find out which 25 states are in or near a recession and learn what this economic slowdown could mean for residents and their financial future.

GOBankingRates

The S&P 500 is also in a K-shaped economy, says Apollo, with a widening gap between the winners and losers

Part of the growing divide between the rich and the average worker can also be traced back to where these households derive their wealth—namely, from their exposure to the booming stock market of 2025.

Fortune

Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’

What was a niche argument about five years ago is suddenly everywhere you look, and it’s taking on the shape of a letter with two jagged edges.

Fortune

America’s wealthiest billionaires got $698 billion richer this year—and Trump's tax policy could give them a new windfall

The top 10 richest U.S. billionaires took home 833,631x more money than the typical American home, and inequality could get worse thanks to President Donald Trump’s tax changes, job scarcity, and a looming recession

Fortune

Elizabeth Warren Urges Trump To 'Stop Making Life Harder For American Families.' Says Trump's Promises To 'Lower Costs On Day One' Fell Flat

Sen. Elizabeth Warren (D-MA) is calling out President Donald Trump for failing to deliver on his promise to lower everyday costs for Americans. In a recent post on X, Warren said, “Trump promised to lower costs on ‘day one.’ Instead, families are paying more for groceries, rent, and health care.”

Benzinga

Economist Says These 2 States Could Decide America's Recession Fate

Economist Mark Zandi of Moody's Analytics says two states—New York and California—could determine whether the United States enters a recession, as their economic performance mirrors broader national trends.

Benzinga

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Benzinga

BofA CEO Warns Shutdown Could Slow Economy; Economist Sees Rising Recession Risk (CORRECTED)

Editor's Note: This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan

Benzinga

Elizabeth Warren Says Fed Is 'Flying Blind' On Interest Rate Decision: 'Families Deserve The Facts About The Economy, Not More Lies From Trump'

Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump’s administration for withholding key economic data as the Federal Reserve makes key interest rate decisions.

Fortune

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune

Ray Dalio says America is developing a ‘dependency’ on its top 1% of workers, while the bottom 60% are struggling and unproductive

“I think the issue is very much that you can’t look at the U.S. as a whole nowadays,” the Bridgewater Associates founder said at the Fortune Global Forum in Riyadh on Monday.

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Fortune

These 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says

“This state-level picture mirrors the national trend: The U.S. economy is not in recession, but it is struggling to avoid one.”

Benzinga

SEC Chair Paul Atkins Says Government Shutdown Is 'Beginning To Bite' But IPOs Are 'Still Going To The Market'

SEC Chair Paul Atkins said the ongoing government shutdown is starting to impact U.S. markets but highlighted that the agency remains partially operational to keep essential functions running.

Benzinga

Trump Administration Halts $11 Billion Worth Of Army Corps Of Engineers Projects In Four Cities Amid Shutdown

The ongoing government shutdown has brought U.S. Army Corps of Engineers projects to a standstill, as the Trump administration weighs canceling over billion worth of projects.

Benzinga

US Government Shutdown Could Drag On 'Five, Six Weeks,' Warns Moody's Economist Mark Zandi

Despite a last-minute Pentagon maneuver to ensure U.S. troops were paid this week, the federal government shutdown continues with no end in sight, prompting Moody’s Analytics Chief Economist Mark Zandi to warn that the impasse could still last for a record “five, six weeks.”

Benzinga

'A Tale of Two Economies:' Steve Eisman Warns AI Spending Is Masking America's Weak Growth Reality — Rest Of Country 'Is Barely Growing'

Investor Steve Eisman, known for accurately calling the 2008 financial crisis, is sounding the alarm once again, this time on the growing disconnect between America’s booming tech sector and its stagnating broader economy.

Benzinga

US Growth Hides Trouble Beneath — Economist Warns Low-Income Americans Are 'Hanging On By Fingertips'

Even with the U.S. economy growing by 3.8% last quarter, and unemployment holding at 4.3%, Moody's (NYSE:MCO) Analytics said that roughly half of all U.S. states are actually seeing their economies shrink.

Fortune

Roughly half of U.S. states are effectively in a recession and ‘hanging on by their fingertips,’ Moody’s chief economist says

Moody’s chief economist, Mark Zandi, tells Fortune parts of America are already in recession, with 22 states contracting despite strong national GDP growth.

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