‘Milder’ recession puts banks on firmer footing
Banking stocks made gains as analysts said the sector was more than capable of weathering what will likely be a...
archiveRecession
What Does The Bank Of England’s Latest Announcement Tell Us About The Economy?
The Bank of England has just announced that it is raising interest rates from 3.5% to 4%.The news offers some...
GDP Beats – Sorry, No Soft Landing; And OPEC+ Threatens Dollar Reserve Currency Status
US Job Cuts Announced, monthlyChallenger, Gray & Christmas There were two major economic announcements last week. The Q4/22 GDP, released...
Layoffs expand in US manufacturing and retail amid deepening economic slowdown
Layoffs are mounting in economic sectors beyond the technology industry in the United States amid the Federal Reserve’s policy of...
Stock Market Today: Stocks Lower On Muted Inflation: Intel Slumps
U.S. equity futures edged lower Friday, with tech leading declines, as investors expect a grim quarterly update from Intel to...
US Economy Showed Solid Growth at End of 2022
Washington — The U.S. economy cooled only slightly at the end of last year, advancing at an annualized 2.9% rate,...
Stock Market Today: Stocks Slide As Earnings Underwhelm, Tesla Next
U.S. equity futures moved lower Wednesday, while the dollar inched higher against its global peers and Treasury yields retreated, as...
Europe could dodge a recession. But the UK economy is in a mess
London CNN — Business activity across the 20 countries that use the euro expanded in January for the first time...
FTSE 100 Live 23 January: EY Item Club issues recession warning, Balfour Beatty gets £1.2 billion contract
City jobs boom coolsLast year was a boom time for jobs in London’s financial services sector, but a slowdown has...
IMF Chief Predicts A Recession For Developing Countries In 2023
AFP via Getty Images Key takeaways: IMF Managing Director Kristalina Georgieva is predicting that one-third of the world’s economies will...
