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Recession

  • UK Economy Grew Slightly to Avoid Recession in 2022, Revised Official Data Shows
    UK Economy Grew Slightly to Avoid Recession in 2022, Revised Official Data Shows
    The UK economy grew by more than first thought in the fourth quarter of 2022, according to revised official data confirming the country avoided a recession last year. Economists had ...
    March 31, 2023BY Alexander Zhang
  • World Bank Says Economic Recoveries in East Asia Are Losing Steam
    World Bank Says Economic Recoveries in East Asia Are Losing Steam
    The World Bank said that Asian economies are beginning to lose steam after making a recovery from the ...
    March 31, 2023BY Bryan Jung
  • Shares and Bonds Ride High After Soothing Eurozone Data
    Shares and Bonds Ride High After Soothing Eurozone Data
    LONDON—Share markets pushed for a fifth straight day of gains on Friday and bonds headed for their best ...
    March 31, 2023BY Reuters
  • Euro Rises as Eurozone Countries Report Inflation Data
    Euro Rises as Eurozone Countries Report Inflation Data
    LONDON/SINGAPORE—The euro was set for its best week since mid January on Friday ahead of inflation data that ...
    March 31, 2023BY Reuters
  • Oil Dips, Set for Monthly Drop, Ahead of Key US Inflation Data
    Oil Dips, Set for Monthly Drop, Ahead of Key US Inflation Data
    LONDON—Oil prices dipped on Friday, with benchmarks heading for their weakest monthly performances since November, ahead of key ...
    March 31, 2023BY Reuters
  • Wall Street Opens Higher as Bank Fears Fade, Focus on Inflation Data
    Wall Street Opens Higher as Bank Fears Fade, Focus on Inflation Data
    Wall Street's main indexes opened higher on Thursday as fears of a banking crisis eased, while investor focus ...
    March 30, 2023BY Reuters
  • More Americans File for Jobless Claims; Layoffs Remain Low
    More Americans File for Jobless Claims; Layoffs Remain Low
    U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the ...
    March 30, 2023BY The Associated Press
  • Euro, Dollar Steady as Bank Fears Recede, Inflation in Focus
    Euro, Dollar Steady as Bank Fears Recede, Inflation in Focus
    LONDON—The U.S. dollar and euro steadied on Thursday as concerns over the banking sector receded, while investors switched ...
    March 30, 2023BY Reuters
  • Oil Rises on US Crude Draw, Iraqi Supply Risks
    Oil Rises on US Crude Draw, Iraqi Supply Risks
    LONDON—Oil prices rose on Thursday on a surprise drop in U.S. crude stockpiles and a halt in exports ...
    March 30, 2023BY Reuters
  • Stocks Firmer as Investors Bet Banking Crisis Is Behind Them
    Stocks Firmer as Investors Bet Banking Crisis Is Behind Them
    LONDON—A steadier tone in global stocks continued on Thursday as investors hoped the banking sector had turned a ...
    March 30, 2023BY Reuters
  • Shares Rise as Bank Support Emboldens Investors
    Shares Rise as Bank Support Emboldens Investors
    LONDON—Global shares rose on Wednesday, as investors took heart from a greater degree of stability in the banking ...
    March 29, 2023BY Reuters
  • Dollar Steadies in Uneasy Market Calm
    Dollar Steadies in Uneasy Market Calm
    TOKYO/LONDON—The dollar edged up against most major peers on Wednesday, steadying after recent declines, and gaining sharply against ...
    March 29, 2023BY Reuters
  • Oil Gains for 3rd Day on Kurdish Supply Concern, Easing Banking Fears
    Oil Gains for 3rd Day on Kurdish Supply Concern, Easing Banking Fears
    LONDON—Oil rose for a third session on Wednesday as a halt to some exports from Iraqi Kurdistan raised ...
    March 29, 2023BY Reuters
  • US Consumer Confidence Ticks Up in March
    US Consumer Confidence Ticks Up in March
    WASHINGTON—Consumer confidence inched up in March after two straight monthly declines, even as persistent inflation, bank collapses and ...
    March 28, 2023BY The Associated Press
  • Wall Street Muted at Open After Recent Bounce; Banks in Focus
    Wall Street Muted at Open After Recent Bounce; Banks in Focus
    Wall Street's main indexes were subdued at the open on Tuesday following a three-day rally in the S&P ...
    March 28, 2023BY Reuters
  • Fed’s Jefferson: Stress Among Small, Regional Banks, Could Hit Small Businesses Hardest
    Fed’s Jefferson: Stress Among Small, Regional Banks, Could Hit Small Businesses Hardest
    LEXINGTON, Virginia—The shuffling of deposits from small to large banks could have a disproportionate impact on U.S. small ...
    March 28, 2023BY Reuters
  • Dollar Slips as Banking Sector Fears Ease, Yen Climbs
    Dollar Slips as Banking Sector Fears Ease, Yen Climbs
    LONDON/TOKYO—The U.S. dollar fell slightly on Tuesday as receding fears of a full-blown banking crisis slowed demand for ...
    March 28, 2023BY Reuters
  • Oil Extends Gains on Kurdish Supply Risks, Banking Relief
    Oil Extends Gains on Kurdish Supply Risks, Banking Relief
    LONDON—Crude prices firmed on Tuesday, extending sharp gains from the previous session amid supply disruption risks from Iraqi ...
    March 28, 2023BY Reuters
  • Stocks Rise After Bank Sale Fuels Investor Risk Appetite
    Stocks Rise After Bank Sale Fuels Investor Risk Appetite
    LONDON—Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for ...
    March 28, 2023BY Reuters
  • Economists Expect US Recession, Inflation Above Fed Target This Year
    Economists Expect US Recession, Inflation Above Fed Target This Year
    Economists predict that the United States will likely enter a recession by the end of this year, with ...
    March 27, 2023BY Bryan Jung
  • Wall Street Opens Higher as SVB Deal Eases Bank Crisis Worries
    Wall Street Opens Higher as SVB Deal Eases Bank Crisis Worries
    Wall Street's main indexes opened higher on Monday after a buyout deal for the deposits and loans of ...
    March 27, 2023BY Reuters
  • Wall Street, Banks Rise After SVB Sale to First-Citizens
    Wall Street, Banks Rise After SVB Sale to First-Citizens
    U.S. futures shot higher early Monday, with bank stocks mostly gaining after the Federal Deposit Insurance Corp. said ...
    March 27, 2023BY The Associated Press
  • Recent Banking Turmoil Brings America Closer to Recession: Fed’s Kashkari
    Recent Banking Turmoil Brings America Closer to Recession: Fed’s Kashkari
    The latest turmoil in the banking sector could bring the United States closer to a recession, Minneapolis Fed President ...
    March 27, 2023BY Katabella Roberts
  • Dollar Steady as Banking Worries Keep Investors on Edge
    Dollar Steady as Banking Worries Keep Investors on Edge
    SINGAPORE/LONDON—The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves ...
    March 27, 2023BY Reuters
  • Oil Gains Some Ground as Investors Assess Banks, Russia
    Oil Gains Some Ground as Investors Assess Banks, Russia
    LONDON—Oil prices rose on Monday as investors assessed efforts by authorities to rein in concerns over the global ...
    March 27, 2023BY Reuters
  • House Financial Services Chair Warns Against Quick Regulatory Fixes For Banking Crisis
    House Financial Services Chair Warns Against Quick Regulatory Fixes For Banking Crisis
    The House Financial Services Committee Chairman Patrick McHenry (R-N.C.), warned against quick regulatory fixes for the banking crisis. ...
    March 25, 2023BY Bryan Jung
  • Banking Crisis Is How It Starts, Recession Is How It Ends
    Banking Crisis Is How It Starts, Recession Is How It Ends
    Commentary As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something is ...
    March 25, 2023BY Lance Roberts
TOP NEWS
  • New Omega-3 Oil Could Prevent Leading Cause of Blindness: Study
    NEW By George Citroner, Healthline
    New Omega-3 Oil Could Prevent Leading Cause of Blindness: Study
  • Pfizer COVID-19 Vaccine Trial Whistleblower Case Dismissed by Judge
    1hr By Zachary Stieber
    Pfizer COVID-19 Vaccine Trial Whistleblower Case Dismissed by Judge
  • LIVE 4/1 at 1PM ET: Jeffrey Tucker: The Trump Indictment and the Anarcho-Tyranny Unleashed on America
    1hr By Jan Jekielek, Epoch TV
    LIVE 4/1 at 1PM ET: Jeffrey Tucker: The Trump Indictment and the Anarcho-Tyranny Unleashed on America
  • Key Things to Know About Trump’s Indictment
    1hr By Tom Ozimek
    Key Things to Know About Trump’s Indictment
  • 18 Chinese Warplanes, 4 Vessels Detected Near Taiwan Amid Tsai’s Visit to US
    2hr By Aldgra Fredly
    18 Chinese Warplanes, 4 Vessels Detected Near Taiwan Amid Tsai’s Visit to US
  • US Congressman Diagnosed With Cancer
    2hr By Zachary Stieber
    US Congressman Diagnosed With Cancer
  • Federal Judge Blocks Tennessee Law Banning Drag Shows With Minors Present
    3hr By Zachary Stieber
    Federal Judge Blocks Tennessee Law Banning Drag Shows With Minors Present
  • Trump Raises Over $4 Million in 24 Hours Since Indictment
    3hr By Tom Ozimek
    Trump Raises Over $4 Million in 24 Hours Since Indictment
  • Japan Tightens Chipmaking Equipment Exports Amid US-China Tech Spat
    4hr By Aldgra Fredly
    Japan Tightens Chipmaking Equipment Exports Amid US-China Tech Spat
  • New Superfood? Mushrooms May Prevent Cognitive Impairment and Reduce Dementia Risk After COVID Infection
    4hr By Anne Lee and Dr. Hu Naiwen
    New Superfood? Mushrooms May Prevent Cognitive Impairment and Reduce Dementia Risk After COVID Infection
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