recession

WASHINGTON—During her Senate confirmation hearing on Jan. 19, Treasury Secretary nominee Janet Yellen championed President Joe Biden's economic policies and urged lawmakers to provide further fiscal support to avert "a ...

Australia has begun to recover from the economic fallout of the CCP virus pandemic, but federal treasurer Josh ...

Men are expected to suffer the most in the long term as male-dominated industries suffer job losses as ...

The Reserve Bank of Australia (RBA) expects the national economy to get back on track, following its contractions ...

Commentary When the COVID-19 pandemic began, elected officials could perhaps be forgiven for top-down mandates. We all knew ...

Australia's federal Treasurer Josh Frydenberg is expecting a solid economic rebound from the COVID-19 recession in the next ...

ANZ's chief expects banks to feel the worst of the COVID-19 pandemic in the middle of next year. ...

Business NSW is calling for significant fiscal support in the federal budget after the national accounts data confirmed ...

Scott Morrison has lamented a heartbreaking blow to Australia after the economy shrank seven percent in the June quarter, ...

Treasurer Josh Frydenberg expects the national accounts will show Australia suffered an "economic shock like no other" in ...

U.S. consumer confidence fell in August to its lowest level since 2014, as households grew worried about their financial ...

Australian farmers believe they can help lead the country through the COVID-19-induced recession. National Farmers Federation president Fiona ...

Consumer spending in America staged a record rebound in May though personal income fell, dampening hopes for a ...

The CCP virus pandemic is causing wider and deeper damage to economic activity than experts initially predicted, according ...

WASHINGTON—The economic recession caused by the COVID-19 pandemic lockdowns is finally starting to show signs of bottoming out. Many forecasters ...

WASHINGTON—The U.S. labor market made a stunning comeback in May, beating expectations by 10 million jobs. As states ...

Prime Minister Scott Morrison has described Australia's first recession in 29 years as a “heartache” for the nation ...

Australia’s unprecedented run of almost 30 years without a recession is all but over. The ABS’s release of ...

President Donald Trump said Wednesday that the White House will not be extending its CCP virus social distancing ...

The full picture of the economic impact from the CCP virus pandemic has not yet been painted, but recent ...

WASHINGTON—The COVID-19 pandemic is pushing the world into the worst downturn since the Great Depression. Large parts of ...

Australian Treasurer Josh Frydenberg has warned Australians to expect a significant rise in the unemployment rate alongside a ...

Commentary The U.S. economy is, to put it lightly, in deep and vastly uncharted waters. And it’s not ...

America may already be in a recession and people could see their economy shrink by a seasonally-adjusted annualized ...

WASHINGTON—Fears of the CCP virus have begun to take a larger economic toll than initially expected, as U.S. ...

Treasury Secretary Steven Mnuchin said he does not expect that the coronavirus will cause a full-blown recession, predicting ...

New building permits surged to a near 13-year high, pointing to sustained housing market strength amidst a period ...