Mon. May 29th, 2023

MoneyWatch: Recession fears loom despite positive economic signs – CBS News

Watch CBS News

The manufacturing sector reported Wednesday it boosted production in May. Also, major stock indexes ended the month with slight gains. But investors and some financial experts are still fearful of a recession. Yahoo Finance reporter Alexandra Semenova joined CBS News after the closing bell on Wall Street to discuss why there are warnings of a possible recession despite positive signs in the economy.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.

Source link