If there is one type of job that is supposed to be considered “safe” and “essential” it would probably be a government job. What if government jobs in this instant recession are now likely…
The World Food Programme estimates the COVID-19 pandemic puts 265 million people around the world in danger of starvation this year.
By David Callaway, Callaway Climate Insights By Mark Hulbert (About the author: Mark Hulbert is an author and financial markets columnist. He is the founder of the Hulbert Financial Digest and his Hulbert Ratings…
When the Conference Board released its Leading Economic Index on Friday, it showed the largest single monthly decline in the index's 60-year history.
China may have a reason to post numbers that are better than expected. It may want to show its economy has not been wounded as badly as that of other large nations.
The economy already was getting bad in the first quarter due to the impacts of the coronavirus, but March’s reading on industrial production went deep into contraction. In fact, it was worse than most…
In the April revision to its World Economic Outlook, the International Monetary Fund forecasts that global GDP will drop by 3.0% in 2020.
U.S. small business owners have been especially hard hit by the shutdowns forced by the coronavirus outbreak. Nearly half may have to close permanently in the next six months.
It should now be little or no surprise that the United States is in a recession, and it should not be a surprise that the forecasters are calling for a "contractionary state" for the…
Not a large fraction, or even a majority. 100% of the economists at the widely regarded NABE (National Association of Business Economists) say the U.S. is already in a recession–a very rare consensus. The…
Unprecedented times call for unprecedented actions. The Federal Reserve, Treasury and even politicians in America have managed to forge together bailout and rescue packages to fight the COVID-19 pandemic-induced recession that goes above and…
IMF managing director Kristalina Georgieva said Thursday that the developed nations of the world need to step up to help emerging and developing economies survive and recover from the coronavirus pandemic.
It was a difficult mental and physical transition to move from an 11 year raging bull market to an instant recession and bear market in 2020. The stock market has to lose 10% for…
Credit rating agency Fitch Ratings has updated its global economic forecast and now expects the coronavirus pandemic to cause a global recession this year as economic activity tumbles by nearly 2%.
With a recession all but certain in the coming economic reports, it's hard to get excited about some of the economic reports that would have included data ahead of the mass layoffs and furloughs.
