Chicago PMI down sharply in June
admin The Chicago Business Barometer, also known as the Chicago PMI, fell to 56 in June…
Read MoreRecession
Jobless claims inch lower in latest week
The numbers: Initial jobless claims fell 2,000 to 231,000 in the week ended June 25,…
Read MoreWhy 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…
Read MoreDon’t expect any surprises from OPEC+, even as recession worries weigh on oil prices
Oil is among the biggest commodity gainers of the year as global supplies remain tight,…
Read MoreFirst Wall Street bank to call a U.S. recession now sees chance that inflation fails to decelerate
Deutsche Bank, the first major bank to predict a U.S. recession in the current inflationary…
Read More‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession
If you find it hard to save anything at the end of the month, you’re…
Read MorePaychex CEO sees no sign of recession yet, but sales growth expected to slow
Shares of Paychex Inc. slumped Wednesday, after the human resources services company reported upbeat fiscal…
Read MoreMost 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…
Read MorePowell says no guarantee of soft landing
Fed Chairman Jerome Powell on Wednesday said there was no guarantee that the central bank…
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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…
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