NEW YORK (Project Syndicate)—The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policy makers, investors, and households now asking how much they Read more
Tag: economic growth
Is the U.S. already tipping into recession? Probably not, but worry signs multiply
High inflation might be putting the kibosh on a consumer spending binge — and threatening to derail the United States economy. Household spending rose a meager 0.2% in May, government Read more
U.K. economy teetering on edge of recession, says Goldman Sachs
The U.K. is teetering on the edge of recession, say economists at Goldman Sachs, as inflation-battered Britons curtail spending and the Bank of England raises interest rates. The bank’s economists Read more
Why investors should brace for recession now if they haven’t already, according to a top research shop
As the second quarter draws to a close, fears that the U.S. might already be sliding into a recession are picking up. On Wednesday, the final reading on the size Read more
Opinion: Why are Americans so grumpy about the economy? They’ve never lost so much purchasing power in one year, as the stimulus dries up and inflation boils over
If you want to know why Americans are so grumpy about the economy, let’s start with the fact that despite strong job growth and sizable increases in wages, their incomes Read more
Most Treasury yields decline as first-quarter GDP is revised lower and recession worries continue
Most Treasury yields eased Wednesday morning as data showed U.S. economic growth unexpectedly contracted by a revised 1.6% annual pace, which was deeper than initially reported. What’s happening? The yield Read more
It’s a wrap: U.S. first-quarter GDP shrank 1.6%. The second quarter isn’t looking much better
The numbers: The first quarter is in the books: The economy shrank at a 1.6% annual pace, the government’s final appraisal shows. And the second quarter isn’t looking all that Read more
Consumer confidence falls to 16-month low on worries about inflation and economy
The numbers: A survey of U.S. consumer confidence dropped in June to a 16-month low of 98.7, as Americans grew more worried about high gas and food prices and the Read more