Browsing: Recession
The economy might be booming, but housing is in a recession: Top real estate CEO says he’s never seen anything like it in 20 years
Glenn Kelman is the chief executive of Redfin, a self-described technology-powered real estate company, a modern way to buy and…
Thank ‘gangbusters’ corporate profits for keeping you employed and staving off the recession, top economist says
Corporate profits hit record highs in the fourth quarter of last year. But corporations aren’t the only ones riding high:…
Bundesbank president hits back at recession-plagued Germany’s ‘sick man of Europe’ title: ‘I’m more worried that Europe is getting sick’
Germany has become a rare punching back for the rest of Europe, as crippling production levels, falling exports, and waning…
New report reveals the surprising benefit to economic recessions: They help you live longer
People face a mounting pile of problems in periods of economic downturn: Unemployment rates soar, home values drop, and people…
Snacking is king—and inflation-proof—as Gen Z and millennials resort to small indulgences even with tight wallets, Toblerone and Cadbury maker finds
In an age of relentless price rises, even the most luxurious things are replaceable. But chocolates, biscuits and nutribars aren’t. …
We analyzed 46 years of consumer sentiment data–and found that today’s ‘vibecession’ is just men starting to feel as bad about the economy as women historically have
Of the numerous economic trends filling column inches over the last few years, few have gained as much traction as…
The UK economy rebounded in January, registering modest growth after falling into a technical recession in the second half of…
Top economist explains why she’s sticking with her recession call—and it’s all about gridlock in Congress on two major bills
To avoid a recession, the U.S. economy will need to hope two bills currently being debated in Congress—a proposed tax…
Britain has the most ‘fragile firms’ in Europe, with 15% of small and medium businesses at risk of default, Allianz says
The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds…
Remember the predicted 2024 recession? Economists don’t—they’ve instead raised their growth forecast by almost 70% for the year
This year looks to be a much better one for the U.S. economy than business economists were forecasting just a…