U.S. Economy Faces Slowdown as Goldman Sachs Warns of Growing Recession Threat

Goldman Sachs has raised the probability of a U.S. recession within the next 12 months to 35%, up from its previous estimate of 20%. The investment bank attributes this sharp increase to escalating trade tensions, weakening consumer and business confidence, and signs that policymakers may tolerate short-term economic strain to achieve broader goals. President Donald […]

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