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.

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.

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…

The Fed’s economists expect a “mild recession” this year, but Goldman’s Jan Hatzius says the cooling labor market means a “soft landing” is still possible.

The economy and inflation could slow without the need for many more interest rate hikes—and it would be good news for stocks.

Goldman's chief economist believes tighter lending standards after SVB's collapse will help fight inflation instead of causing a "hurricane that pushes the economy into recession."

The government inflation report being released Tuesday is expected to show that price acceleration in the United States remained chronically high in February, putting the Federal Reserve in an unusually tough position

Robust job growth is great news for the economy, but really changes the Fed’s plans.

A "soft landing" doesn't mean stock market investors should celebrate. Goldman Sachs' chief U.S. equity strategist is warning the S&P 500 will end 2023 at 4,000.