The Latest Breaking News from Jan Hatzius

There have been 14 government shutdowns since 1980, but only three have lasted longer than one week. This time, an extended shutdown could cause more serious economic damage.

Positive inflation and labor data has prompted Goldman Sachs' chief economist to rethink the probability of a recession in the next 12 months.

Goldman Sachs sees little chance of a near-term U.S. recession amid a resilient jobs market and fading inflation pressures.

Many experts predicted a recession last year, but a lot of them are changing their tune this year.

The investment bank has been predicting a recession since the summer of 2022. A full year later, it’s having second thoughts.

The United States saw its credit rating downgraded for just the second time in history, but experts aren't worried about the long-term damage to stocks.

Goldman's chief economist Jan Hatzius now sees only a 20% chance for U.S. recession in the next year.

Many economists last year and this year had forecast an imminent recession.

New economic data has Goldman Sachs rethinking its prediction for the U.S. economy.

Although there are some signs of stabilization, the stress in the U.S. banking sector remains high, posing a significant threat to economic growth. With investors still concerned about the viability of the banking system, it could be wise to look beyond borders and invest in quality foreign bank stocks Banco…

It forecasts economic growth of 1.6% this year, after 1.1% annualized growth in the first quarter.