President Donald Trump dismissed worries Friday about a short-term recession, saying the U.S. economy is in a "transition period" and the country will "do fantastically." "You say, ‘Some people on ...

The comments come after Bessent said Friday that the U.S. would undergo a transition period as the federal government tries to cut spending, including laying off public sector workers. Bessent on ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: U.S. President Donald Trump signs executive orders in Washington WASHINGTON (Reuters) -President Donald Trump said on ...

President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown as his early focus on tariffs and federal job cuts causes market turmoil.