The U.S. economy shrank in the first half of 2022, new GDP figures confirm
admin The numbers: The U.S. shrank in the first six months of the year, revised government…
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U.S. economy shrank in the first half of 2022, updated GDP figures confirm
The numbers: The U.S. shrank in the first six months of the year, revised government…
Read More‘We are in deep trouble’: Billionaire investor Druckenmiller believes Fed’s monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end…
Read MoreFed’s Mester says inflation is going to remain hard to predict
It is going to be difficult for Federal Reserve officials to discern signal from noise…
Read More‘Financial markets are throwing in the towel’: Recession fears escalate as Fed slams brakes on the economy
The likelihood of sharply higher interest rates has tilted the odds toward another recession within…
Read MoreFed’s Collins says economy will slow but a ‘significant downturn’ is avoidable
The fact that the Federal Reserve needs to slow demand in order to transition the…
Read MoreFed will try to avoid ‘deep, deep pain’ for U.S. economy, Bostic says
The Federal Reserve is trying to engineer an economic slowdown to try to bring inflation…
Read MoreOpinion: You work hard to pay off debt. Here’s the surprising secret that keeps you from backsliding as the economy slows
Credit-card debt has surged 13% this past year — the largest increase in 20 years.…
Read More“An economy struggling in a stagflationary environment”, says S&P Global on U.S. business activity
The numbers: U.S. companies said business activity perked up in September largely because of an…
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Retailers are trimming holiday hiring plans, and it’s not just because of the economy
With prices high and the labor market still tight, some U.S. retailers are trimming their…
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