Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed. Now she's going to be a counselor to the Treasury secretary.
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.
Too Early to Call a Recession: Business Cycle Council Urges Caution on Latest G
Economists pour cold water on recession talk after Canada’s economy stalls
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If there are two consecutive quarters of negative GDP growth in Q4 2026 through Q4 2027, according to the Bureau of Economic Analysis, then the market resolves to Yes.
For the avoidance of doubt, qualifying consecutive quarters may include Q4 2026 and Q1 2027. GDP growth refers to the quarter-over-quarter annualized percent change in real GDP as reported in the Advance Estimate for each quarter. The market will close at the sooner of the occurrence of the event or 8:25 AM ET on the morning of the expected release of the Advance Estimate of 2027 Q4 GDP. The market will expire at the sooner of the occurrence of the event or the first 10:00 AM ET after the release of the Advance Estimate of 2027 Q4 GDP.