High inflation and rising interest rates are slamming the brakes on U.S. growth, economists say, but there’s still a narrow chance to avoid a second recession in three years. The…
The numbers: The U.S. leading index fell in May by 0.4% for the second month in a row, indicating the economy has slowed in response to high inflation and rising interest…
TOKYO–Bank of Japan Gov. Haruhiko Kuroda on Friday voiced concerns about the rapid weakening of the yen after the currency hit its weakest level since 1998 against the U.S. dollar…
The Dow Jones share index closed below 30,000 at its lowest level in more than a year.
The trouble is, the Fed’s likely to get a recession anyway as data shows the economy is a far cry from stable.
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Sharing is Caring! ‘We are going to go into a really fast recession.’ “Housing is starting to roll over,” he said. “Inventories have exploded.” “There are layoffs in multiple industries,…
Sharing is Caring! by Michael I can’t believe that they actually did it. Even though it is painfully obvious that the U.S. economy is slowing down dramatically and that we are heading…
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with the likelihood of a “fast…
A year ago, the Federal Reserve turned a blind eye to the gathering storm of inflation. Now the Fed is missing another big problem: A rapidly slowing economy. In an…