Us Recession 2024 News Today. May 5, 2024, 3:21 pm. September 11, 2024 / 2:13 pm edt / cbs news.
Economy is headed for a hard landing, and fed rate cuts won’t be enough to rescue it, citi says. Economic growth picked up more than expected in the spring, as cooling inflation and a strong labor market allowed consumers to keep spending even as high.