recession
The economy and the job market are booming. However, many Americans are not paying their credit card bills. Perhaps inflation has been eating into their incomes. They may have charged too much on...
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The Bureau of Labor Statistics released the consumer price index for April. The results were a surprise. After over a year of relatively high inflation, the pace slowed considerably. Consumer prices...
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The Bureau of Labor Statistics released the consumer price index for April. The results were a surprise. After over a year of relatively high inflation, the pace slowed considerably. Prices in April...
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The rate of inflation in the US has gone down. Six months ago, it ran 8% a year over the previous year each month. That came down to 5%, according to the CPI. The PPI showed even slower growth. The...
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A recent analysis reveals that more than half of all Americans are now living paycheck to paycheck
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McDonald’s told some of its workers to stay home. It wanted to fire them remotely. It is not exactly a proud day for management, which might have had the courage to do it face-to-face. According to...
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A recent analysis reveals that almost half of Americans believe the economy is in a recession already.
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The jobless rate is expected to rise to the 5% to 7% range over the next year, meaning millions of people will be out of work soon.
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Tuesday’s additional top analyst upgrades and downgrades were on BJ’s Wholesale Club, Boston Scientific, Conagra Brands, NetApp, Norfolk Southern, Spirit Airlines, Stitch Fix, Target, Union...
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A recession is about to begin, or has begun already. One debate about the downturn is whether it will be long or deep.
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Economist Larry Summers has said again that the Federal Reserve should keep raising rates aggressively to tame inflation.
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The recession is coming, if it is not already here. The guessing game has moved from when a recession starts to when it might end.
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Some of the most powerful people in the financial world believe the market could drop another 20%. Is that realistic?
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Hundreds of thousands of jobs a month could be lost next year as the United States sinks into a recession triggered by inflation and high-interest rates.
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The recession appears to have hit demand for the new iPhone 14.
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