Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick A stellar rally in equities and bonds suggests market confidence
2023-12-01 14:23
Be prepared for 7% interest rates, warns Jamie Dimon
JPMorgan Chase CEO Jamie Dimon issued a stark warning Monday to Wall Street: The Federal Reserve may be far from finished with its aggressive regimen of interest rate hikes in the fight against elevated inflation.
2023-10-03 03:21
America is in a factory boom again. Even a recession may not bring it down this time
On a warm Saturday morning in July, as Kathie Leonard planned to set out on her boat for a day on the water off the coast of Maine, her phone rang. The call was from the head of the Maine Department of Economic and Community Development, asking if Auburn Manufacturing — the specialized textiles maker Leonard runs — would be interested in hosting "the president" in the coming week.
2023-09-10 02:48
Goldman Sachs cuts US recession odds to 15% as economic optimism grows
Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was nearly impossible to pull off.
2023-09-06 01:17
Germany's economy hasn't looked this weak since the start of the pandemic
Germany suffered the steepest decline in business activity for more than three years this month, according to survey data published Wednesday, stoking fears that Europe's biggest economy is falling back into recession.
2023-08-23 19:49
Not everyone is convinced the US will avoid a recession
The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.
2023-08-07 19:47
Germany risks falling back into recession as car industry sputters
Industrial production in Europe's biggest economy fell 1.5% in June compared with May, driven by a 3.5% drop in Germany's vast automotive sector.
2023-08-07 19:22
Europe's recession may already be over
Solid economic growth in France and Spain, and a very modest recovery in Germany could be enough to confirm that the euro area has already exited a recession that started in the final quarter of 2022.
2023-07-28 18:51
Fed staff no longer forecasting U.S. recession, Powell says
WASHINGTON U.S. Federal Reserve Chair Jerome Powell said on Wednesday that Fed staff are no longer forecasting a
2023-07-27 03:25
Americans aren't rebuilding their savings fast enough
A recession could be miles away — or it could be just around the corner. It's the storm that just keeps getting delayed further, but someday in the near future a mild recession will hit, economists predict.
2023-07-19 02:59
Yellen does not see recession in U.S. - Bloomberg interview
WASHINGTON U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing
2023-07-17 20:56
Column-The elusive U.S. recession and its 'misleading' indicators: McGeever
By Jamie McGeever ORLANDO, Florida The longer the heavily touted U.S. recession fails to materialize, the more doubt
2023-07-10 23:49