Browsing: Recession
Summer jobs have been teenagers’ rite of passage for generations—from scooping ice cream and babysitting, to lifeguarding and bagging groceries.…
Americans aren’t losing their jobs. The stock market isn’t in freefall. And the official recession call is nowhere in sight.…
Jeremy Grantham has spent five decades calling market bubbles before anyone else wanted to hear it. Now he has a…
In the early 18th century, the American colonies suffered a depression-level economic contraction. There was no war. No financial panic.…
Whirlpool has a word for what’s happening to its business. Two, actually, and both of them are “recession.” On the…
The countdown is on: The global economy has four weeks, eight at most, if it is to avoid plunging into…
Chinese President Xi Jinping issued some of his starkest language yet about the state of the global economy on Tuesday,…
Forget the Fed. Forget nonfarm employment. Forget even industrial production and real income. For Jim Paulsen, the real recession indicator…
Fannie Mae and Freddie Mac, the two government sponsored businesses designed to prop up mortgages, ripped on Monday after billionaire…
Goldman Sachs is sounding a cautious note on the U.S. economy, raising its inflation forecast and trimming its growth outlook…