Economy

Some economic indicators point toward a recession, Colorado financial adviser analyzes

There’s been a lot of uncertainty recently about whether or not the United States will soon enter a recession. But some indicators suggest that’s the direction we’re headed, according to Colorado financial adviser Bruce Allen.

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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation

TheĀ Federal ReserveĀ on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light of federal policy shifts.

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Secretary Bessent on ā€˜reprivatizationā€™ of economy: ā€˜We are laser-focused on getting this deficit under controlā€™

Treasury Secretary Scott Bessent told Breitbart News exclusively that President Donald Trumpā€™s administration is ā€œlaser-focusedā€ on cutting the deficit and getting spending ā€œunder control,ā€ part of his larger vision of ā€œreprivatizationā€ of the U.S. economy so economic growth is no longer dependent on government spending but instead on private sector growth. Bessent said he joined Trump on the campaign trail last year and later joined his cabinet because he was ā€œso alarmedā€ by the ā€œhigh level of government spendingā€ that had taken hold in recent years.

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Egg prices plunge nearly $2, now lower than when Trump took office

Agriculture SecretaryĀ Brooke RollinsĀ told reporters Tuesday morning that egg prices have dropped by nearly $2 since the Trump administration initiated its biosafety strategy for combatingĀ H5N1 bird flu, which has decimated the poultry industry in recent months.Ā 

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Trump says US will experience ‘period of transition’ when asked if economy could see a recession this year

President Donald TrumpĀ declined to explicitly rule out a full-blown recession for the U.S. economy this year, telling Maria Bartiromo in a recent “Sunday Morning Futures” exclusive that the country will see a “period of transition” as his policies take effect.

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In Covid-19 hangover, Colorado employers debate whether to require in-person work

Five years since so many of us set up home offices during the COVID-19 pandemic, more employers are reevaluating remote and hybrid work arrangements. In February, Aurora City Council passed a resolution directing council-appointed city leaders to encourage full-time employees to work in person at least three days a week. A city council resolution states that in-person work ā€œfosters collaboration, reduces isolation, and creates healthier boundaries between work and personal life.ā€

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