Lessons of the Great Recession, terrorist attacks, natural disasters and other events in the past may hold some lessons for what central banks and the U.S. government could do beyond traditional interest rate cuts…
The good news, at least for now, even considering the stock market bloodbath that has been seen, is that a recession is not already unavoidable.
Why is a solid jobs report was being ignored early on Friday? Is the assumption that things are going to be much worse in a week, a month and maybe for much longer?
No one questions that COVID-19 will spread considerably in Italy. The nation's gross domestic product, much of which relies on tourism, could be massively damaged this spring.
Here is a list of the so-called emergency rate cuts made by the Federal Reserve in the modern era. There is even a surprise rate hike in there too.
The Morning Consult consumer sentiment index has continued falling since Monday, but the rate of decline has slowed somewhat. Tuesday's Fed rate cut came too late to have any impact on the latest index…
Sometimes the market demands economic stimulus above and beyond logic. Other times economic stimulus is exactly what is needed.
Consumer research firm Morning Consult reported Monday morning that its consumer sentiment index fell sharply last week.
The IMF announced on Monday that the organization stands ready to help nations deal with the financial and health effects of the COVID-19 outbreak.
Two fresh competing looks at U.S. manufacturing data for the month of February would be considered a mixed bag, aside from comparing the data to China.
The OECD has chopped its forecast for 2020 global economic growth by half a percentage point. The coronavirus outbreak and its impact on China are the primary causes but other risks also exist.
One of the biggest concerns in the financial markets at this time is that governments and central banks have few obvious policy tools to help keep their economies going if what was seen in…
China released its Purchasing Managers Index (PMI) for February and what was expected to be a very bad report showed an even worse reading.
The University of Michigan Consumer Sentiment Index for February rose by 1.2% month over month and 7.7% year over year. The impact of recent fears for the spread of the coronavirus have just begun…
Months of job increases could be reversed quickly if industries such as retail, travel and consumer goods suffer a drop in demand. The remedy to a fall-off in revenue is usually cost cuts, and…
