Mild recession possible as job numbers stay hot

The U.S. averted disaster by raising the debt ceiling, but a mild recession is still possible even as job numbers remain hot, according to the head of Bank of America. Mark Strassmann breaks down how the U.S. economy is doing. "CBS Weekend News" and "CBS Evening News with Norah O'Donnell" deliver the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the "CBS Evening News" every weekday night at 6:30 p.m. ET on the CBS Television Network and at 10 p.m. ET on the CBS News app. Subscribe to the "CBS Evening News" YouTube channel: https://bit.ly/1S7Dhik Watch full episodes of "CBS Evening News": https://cbsn.ws/23XekKA Follow "CBS Evening News" on Instagram: https://bit.ly/1T8icTO Like "CBS Evening News" on Facebook: https://on.fb.me/1KxYobb Follow "CBS Evening News" on Twitter: https://bit.ly/1O3dTTe Download the CBS News app: https://cbsn.ws/1Xb1WC8 Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com