Economic Report: Fed Beige Book finds rising inflation fears
admin The Federal Reserve said Wednesday that five of 12 district noted concerns over an increased…
Read MoreRecession
Is the U.S. headed for a recession? 58% of Americans think we’re in one now
Are we in a recession? Most Americans say yes, even though layoffs are near a…
Read MoreFed will have ‘zero patience’ for high inflation readings, economist
U.S. inflation is still likely to come down “in coming months” but the Federal Reserve…
Read MoreAvoiding a recession ‘increasingly challenging,’ says IMF, as it cuts U.S. growth forecast again
The International Monetary Fund has cut its forecast for U.S. growth for the second time…
Read MoreHere’s the alternative to U.S. dollar dominance — and it’s not a rival currency, gold or bitcoin
There’s a basic problem with the global financial system — it’s too focused on the…
Read MoreThis is why inflation hits Black families particularly hard
Black Americans have grappled with more volatile inflation when compared to white households over the…
Read MoreThere’s a one-in-three chance of a recession by next year, new Fed paper concludes
There’s a 35% chance the U.S. enters a recession by the end of next year…
Read MoreOpinion: A recession can be avoided if Americans accept 4% inflation
Federal Reserve Chairman Jerome Powell now recognizes it will be difficult to avoid a recession,…
Read MoreUK Economy Rebounded in May
By Xavier Fontdegloria The U.K. economy rebounded in May after contracting in the previous month,…
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Caesars, SeaWorld downgraded on ‘waning’ confidence in ability to withstand looming recession
Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc…
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