If competition is dying, govt needs to attack the problem somehow - blocking mergers, breaking up cos, or enacting policies like minimum wages and union-friendly laws that balance out corporate power
Fears of a recession were stoked by a brief inversion of the US Treasury yield curve last month
Although many economists are predicting a downturn, a big bank executive doing so can become a self-fulfilling prophecy
More than 10 million people live in Los Angeles County, making it the most populous county in the country
The yield curve inverted on Friday for the first time since mid-2007
The federal budget deficit will reach $900 billion this year, and will surpass the $1 trillion mark every year after 2021
Consumer spending accounts for about two-thirds of US economic activity, and the 4% jump in household spending on goods last year was a major reason the economy probably grew by a healthy 3% in 2018
Broadest slowdown in growth signal US economy flashes warning signs of impending slowdown: Kemp
The boom year of 2018 may be unlikely to repeat itself
Greenspan, who famously warned more than two decades ago about "irrational exuberance" in the stock market, also said the party's over on Wall Street
The IMF has already revised downward its 2019 growth prediction for the US, to 2.5% from the 2.8% expected for this year
Capitalism in the US benefits from established bankruptcy law, relatively low taxes, and the protection of intellectual property.
GDP growth is then forecast to slow to 2.0-2.5 percent throughout 2019 and then down to 1.8 percent by mid-2020
An interest-rate increase at the Dec 18-19 gathering of the U.S. central bank is priced at around 70 percent odd
'A world without regulation means you're either at the table or on the menu,' said Roni Michaely, a University of Geneva professor
It is not a pretty picture. The next economic downturn is likely to be deeper and longer
But business spending stalled and residential investment declined for a third straight quarter, potential red flags to the economic expansion that is now in its ninth year
Policymakers expect to raise rates again in December, and several times next year before the fed funds rate tops out at 3.40 per cent in 2020
The fund pointed to rising trade tensions as a cause for worry and also predicted slower growth in the United States next year and beyond
Even former skeptics have become open to the idea that a recent rise in productivity may turn into a trend, drawing comparisons with the "Great Moderation" period of growth during the 1990s