Tag: Recession and Depression
How This Economic Moment Rewrites the Rules
Indeed, the Federal Reserve is trying to cut it off. Jerome H. Powell, the Fed chair, has described…
With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic
U.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level, despite…
July Jobs Report Suggests Biden Is Right about a Recession
The strong jobs report was welcome news for President Biden, who has insisted in recent weeks that the…
Pay growth and prices picked up, keeping the Fed on track for rate increases.
Wages, prices and consumer spending all continued to climb, the latest government data showed Friday — fresh evidence…
U.S. Economy Shows Another Decline, Fanning Recession Fears
A key measure of economic output fell for the second straight quarter, raising fears that the United States…
How Will Interest Rate Increases Impact Inflation?
The Federal Reserve is expected to announce its fourth interest rate increase of 2022 on Wednesday as it…
Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next
Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they…
What Is the Yield Curve? Wall Street’s Recession Alarm Is Ringing.
Wall Street’s most-talked-about recession indicator is sounding its loudest alarm in two decades, intensifying concerns among investors that…
Global Central Banks Ramp Up Inflation Fight
Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and…
Economy Is at Risk of Recession by a Force Hiding in Plain Sight
This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of…
Voters See a Bad Economy, Even if They’re Doing OK
The fastest inflation in four decades has Americans feeling dour about the economy, even as their own finances…
Stock Market Drop Accelerated as Recession Seemed More Likely
Investors had an awful start to the year as stocks twice entered bear market territory, falling more than…