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Recession | LATEST STORIES
Economy
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Tom Ozimek
Federal Reserve President Has a Warning About Interest Rates in 2024
‘I’m not ruling out potential interest-rate increases from here,’ Minneapolis Federal Reserve President Neel Kashkari said.
May 28, 2024
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Tom Ozimek
May 28
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UK News
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Lily Zhou
UK out of Recession With Fastest Growth in 2 Years
Chancellor Jeremy Hunt declared the economy is ’returning to full health' after GDP expanded by 0.6 percent in the first quarter.
May 10, 2024
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Lily Zhou
May 10
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Business & Markets
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Naveen Athrappully
Economic Expectations Gauge Plunges Signaling a Looming Recession
Over the next six months, it is estimated that fewer American consumers plan on buying homes or big-ticket appliances.
May 01, 2024
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Naveen Athrappully
May 01
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Economy
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Tom Ozimek
JPMorgan CEO Issues Dire Warning About Biden Admininistration’s ‘Huge’ Deficit Spending
‘Deficits which basically aren’t going to go away as far as the eye can see,’ JPMorgan CEO Jamie Dimon said, while warning of stagflation.
Apr 25, 2024
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Tom Ozimek
Apr 25
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Media & Big Tech
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Reuters
Google Lays Off Employees, Shifts Some Roles Abroad Amid Cost Cuts
Apr 18, 2024
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Reuters
Apr 18
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Economy
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Patricia Tolson
Americans Becoming More Concerned About Job Loss and Ability to Pay Off Debt
While the recent job numbers ‘look shiny from a distance,’ economic forecaster Sean Snaith said that ’there’s a little bit of tarnish.’
Apr 13, 2024
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Patricia Tolson
Apr 13
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Economy
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Tom Ozimek
JPMorgan CEO Warns Interest Rates Could Top 8 Percent as Inflation Stays High
‘There seems to be a large number of persistent inflationary pressures, which may likely continue,’ Mr. Dimon wrote.
Apr 10, 2024
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Tom Ozimek
Apr 10
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Business & Markets
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Tom Ozimek
Jamie Dimon Warns of ‘Most Treacherous’ Time Ahead That Might Eclipse Anything Seen Since World War II
‘Beware of higher rates and recession,’ he said.
Apr 08, 2024
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Tom Ozimek
Apr 08
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US News
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Andrew Moran
Recession Risks Falling, Inflation Moderating in 2024: Top Economists
But what impact will higher inflation have on interest rates moving forward?
Mar 29, 2024
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Andrew Moran
Mar 29
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Economy
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Tom Ozimek
US Economy Did Better Than Expected in the Fourth Quarter, but Current GDP Estimates Crash
New revised GDP data show better-than-expected economic growth in fourth quarter 2023, but real-time GDP estimates for first quarter 2024 dropped sharply.
Mar 28, 2024
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Tom Ozimek
Mar 28
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Inflation
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Tom Ozimek
BlackRock CEO Says Inflation Higher for Longer But Some People Will Benefit
Larry Fink predicts higher inflation for longer ‘and much of that is going to help those people who are worried’ about inflation.
Mar 27, 2024
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Tom Ozimek
Mar 27
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Economy
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Chadwick Hagan
The US True Rate of Unemployment Is 23 Percent: Ludwig Institute
Mar 18, 2024
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Chadwick Hagan
Mar 18
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Analysis
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J.G. Collins
In the Wake of the State of the Union, Jobs Numbers Shine; but Do They Really?
Mar 08, 2024
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J.G. Collins
Mar 08
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China Business & Economy
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Indrajit Basu
ANALYSIS: The Shady Underbelly of China’s Local Government Bonds
With local authorities facing cash-flow problems, there are growing concerns about the $9 trillion LGFV debt market.
Feb 29, 2024
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Indrajit Basu
Feb 29
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China Business & Economy
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Alex Wu
CCP Releases Chinese New Year Holiday Consumption Data; Experts Say China’s Economy Entering Depression
Feb 28, 2024
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Alex Wu
Feb 28
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Stocks
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The Associated Press
Global Shares Mostly Decline, While Tokyo Again Finishes at Record High
Feb 26, 2024
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The Associated Press
Feb 26
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Stocks
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The Associated Press
Global Stocks Advance After Nvidia Sets Off Rally on Wall Street
Feb 23, 2024
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The Associated Press
Feb 23
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Economy
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The Associated Press
Applications for US Jobless Benefits Fall Again as Labor Market Powers On
Feb 22, 2024
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The Associated Press
Feb 22
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Stocks
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The Associated Press
World Markets Higher as Japan’s Benchmark Nikkei 225 Breaks Its 1989 Record
Feb 22, 2024
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The Associated Press
Feb 22
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Stocks
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The Associated Press
Global Stocks Mixed After Tech Shares Pull Wall Street Lower
Feb 21, 2024
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The Associated Press
Feb 21
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