News

Real gross domestic product was down 0.3%, a minor contraction but a large step down from the prior quarter’s GDP growth rate ...
The latest GDP numbers show the U.S. economy now shifting into reverse after Donald Trump’s abrupt policy shifts. The U.S.
President Donald Trump acknowledged Wednesday his tariffs could result in fewer and costlier products in the United States ...
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...
Still, Bernstein sees a roughly 50/50 chance of a US recession because of the stagflationary shock from tariffs, which are expected to simultaneously slow the economy and increase prices. The policy ...
Jared Bernstein, former chair of the Council of Economic Advisers under President Obama, calls President Donald Trump an authoritarian who is breaking the global economy.
Jared Bernstein, the chief White House economist in the Biden administration, said he would advise President Trump to “declare victory” in the trade war and let the economy recover from the ...
Trump’s sweeping tariffs are now facing a series of lawsuits, including one from top manufacturing state California. Former ...
Jared Bernstein, a top economist for President Joe Biden during the last recession scare in 2022, cautioned against assuming a recession is inevitable. “We’ve gone through years of bad vibes ...
Ex-Biden economic aide Jared Bernstein unleashed on pro-MAGA media personalities and outlets rallying behind President Donald Trump’s tariffs blitz, ranting that he was “sick to death” and ...
Ex-Biden economic adviser Jared Bernstein ripped into President Donald Trump’s sweeping tariffs blitz during a blistering appearance on Morning Joe Wednesday, branding the policy “some of the ...