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3 mins read

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…

Filip De Mott   


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5 mins read

Lipstick sales and strippers' tips: 6 weird indicators a recession could be coming

Recessions are difficult to predict. For the less market-inclined money watcher, there are several …

Erin Snodgrass   


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6 mins read

Indian economy to recover faster than developed markets – Nifty50 may end 2023 at 19,500

Even if the world slips into a recession, India is expected to see much lower contraction in eco…

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2 mins read

The US and Europe are searching for a way to limit Russia's oil revenues without driving a price spike, Janet Yellen says

"The objective is to limit the revenue going to Russia," US Treasury Secretary Janet Yellen said be…

Zahra Tayeb   


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2 mins read

Goldman Sachs cuts its US GDP forecast for 2022 again, saying the Fed's rate hikes are 'in the ballpark' for cooling inflation

The Fed's rate hikes are in the ballpark of what's ultimately needed to cool wage and price pressur…

Zahra Tayeb   


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7 mins read

What are cyclical stocks? High-profit but volatile stocks whose prices rise and fall as economy grows and declines

Cyclical stocks are ones that are particularly sensitive to economic trends, the phases of the busi…

Robin Kavanagh   


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4 mins read

US shocks economists by adding 2.5 million jobs in May as unemployment declines to 13.3%

Economists had forecast that the US lost 7.5 million jobs in May. Instead, it added more than 2.5 m…

Carmen Reinicke   


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3 mins read

House and Senate abruptly go into recess after Trump-supporting rioters storm the Capitol building

Violence erupted as Trump supporters descended on the nation's capital to protest the certification…

Sonam Sheth,Oma Seddiq   


Shalini Nagarajan   


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4 mins read

Trump is convinced there is a conspiracy to distort economic data and exaggerate the prospect of a recession

Agitated by news reports and warnings by economists of signs of a possible recession, the president…

Tom Porter,Tom Porter   


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2 mins read

Evidence is mounting that we're hurling head-first into a recession

Driving the news: Perhaps most worrisome is the massive pile of highly leveraged debt that continue…

Dion Rabouin, Axios   


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2 mins read

UBS: Oil could jump back to $100 - here's why that would signal a recession

"For instance, at $100bbl Russia would cut - 100bp more than in our baseline but Turkey would have …

Will Martin   


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3 mins read

Restaurants are facing a challenge they haven't seen since the recession

The health of the restaurant industry, as measured by the National Restaurant Association's Restaur…

Kate Taylor   


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3 mins read

A full-scale trade war with China would plunge the US into recession, an investment bank has warned

"China does not want a trade war with anyone," the Chinese embassy in Washington DC said in a state…

Will Martin   


Akin Oyedele   


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1 min read

Cory Booker Is On A Mission To Take Selfies With Every Senator Before Congress's August Recess

Since starting the "Selfies With My Fellow Senators" project four weeks ago, he's only up to 10 che…

Maya Kosoff   


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7 mins read

Here's Who To Blame For America's Lousy Economy...

CHART THREE: Fewer Americans are employed than at any time in the past three decades. Another reaso…

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1 min read

The American Manufacturing Renaissance Has Gone Mainstream

US manufacturing is still struggling, however, with imports of manufactured goods reaching a record…

Rob Wile   


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2 mins read

Investors become poorer by Rs 9.51 lakh crore as markets crash

The Sensex fell over 2,400 points, wiping out Rs 9.51 lakh crore from investors' wealth. This sharp…

PTI   


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3 mins read

Between the GOP speakers, Oprah's call to action, and Bill Clinton's economy brag, the DNC sure seems set on attracting Republicans and independents

The list of GOP speakers at the DNC and speeches by Bill Clinton and Oprah showed the Democrat real…

Kelsey Vlamis