Despite sky-high borrowing costs and economic uncertainty, America's CEOs are more confident than they were a year ago, a lot more in fact, 77% this year vs. 64% in 2022, according to a new survey released by KPMG on Thursday.

"American and global businesses, and particularly in the U.S., have been very, very resilient. The recession that was forecast some time ago hasn't really arisen yet. You could argue there have been some rolling sector recessions, but not the macro recession that everyone expected," KPMG CEO Paul Knopp told FOX Business. READ MORE