For these Americans, the recession is already here
Wall Street bankers, investors and economists have for months waffled over whether a US recession is coming. But for some Americans, the unforgiving economic pain typical during recession has already set in.
1970-01-01 08:00
What markets are saying about when to expect a recession
Economists, investors and the Federal Reserve have sounded alarm bells for months that a recession could come later this year. But a growing chorus of experts believe a downturn might not happen until early next year.
1970-01-01 08:00
Germany passes law to attract skilled migrant workers amid fierce debate
The measure, intended to address a labour shortage, will lower hurdles for migrants to the country.
1970-01-01 08:00
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
1970-01-01 08:00
Recession risks still loom for markets calmer after banking turmoil
The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved
1970-01-01 08:00
Eurozone slips into recession after revised data shows two quarters of economic contraction
The 20 countries that use the euro as their currency fell into a mild recession around the turn of the year, although the broader European economy avoided the downturn.
1970-01-01 08:00
With these many jobs, do we no longer have to worry about a recession?
US recession worries aren't dead. But they may have passed into a coma at 8:30 am ET on Friday with the May nonfarm payrolls report and the unexpectedly large jobs number.
1970-01-01 08:00
The global economy has likely been spared a US debt default. It still faces a mountain of risks
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook.
1970-01-01 08:00
Germany falls into recession as consumers in Europe's biggest economy spend less
Germany has slipped into recession as last year's energy price shock takes its toll on consumer spending.
1970-01-01 08:00
Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
1970-01-01 08:00