Travis spends a lot of time on the way people talk about recessions and what counts as a “good” economy. He claims that President Biden changed the definition of “recession” at one point because the traditional idea – two consecutive quarters of negative GDP – was making things look worse than the administration wanted.

After a year of intense volatility, the world economy enters 2026 with a complex mix of challenges and opportunities.Most economists expect that growth will remain moderate by historical standards, around 2.

The biggest U.S. bank is leaning into an unusually strong backdrop, arguing that the American economy is not cooling but running above its long‑term speed limit. Bank of America is calling it a "run‑it‑hot" environment and,

Euro zone retail sales rose more than expected in November and German industry continued to expand, offering further evidence that the currency bloc ended a turbulent year with stable - if modest - growth,

U.S. productivity accelerated to a 4.9% annual clip in the third quarter, the government said Thursday. That’s the fastest pace in two years. The gain was in line with forecasts of economists surveyed by the Wall Street Journal.

The American economy at the end of 2025 looks very different from a year ago. Tariffs are higher, AI occupies a greater share of overall spending and the federal government under President Donald Trump is demanding a greater say in how businesses are run. All that change leaves observers uncertain about what 2026 will bring.

Home Depot's latest forecast is not just a corporate update, it is a warning flare for the broader U.S. economy. The retailer is signaling that homeowners are pulling back, big-ticket projects are being delayed,