Stories tagged: recession
UPDATED: Wed., Nov. 20, 2019
Washington may see a slowing economy in the next few years, but a recession does not appear to be on the horizon, the state’s economist told legislative leaders Wednesday.
UPDATED: Tue., Oct. 15, 2019
The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of …
Tue., Oct. 15, 2019
With the unemployment rate at a 50-year low, the hope is that the U.S. consumer will more than offset an otherwise faltering economy. Don’t bet on it.
Sat., Sept. 14, 2019
The U.S. economy is sending some worrying signals about a possible recession, yet the stock market has gone on a what-me-worry ride toward record heights.
Tue., Aug. 20, 2019
There are parallels between the present financial turmoil and past episodes of economic disruption, including the Great Depression of the 1930s.
Mon., Aug. 19, 2019
A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. …
UPDATED: Mon., Aug. 19, 2019
President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week’s steep drop in the financial markets.
Sat., Aug. 17, 2019
If we have an economic downturn, Donald Trump might or might not be the cause. But you know what would unequivocally be his fault, rather than fickle fortune? A badly
UPDATED: Thu., Aug. 15, 2019
Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy – shoppers …
Wed., Aug. 14, 2019
What it means is that people are so worried about the near-term future that they are piling into safer long-term investments.
UPDATED: Wed., Aug. 14, 2019
Stocks fell sharply Wednesday after the bond market threw up another warning flag on the economy.
Tue., Aug. 13, 2019
There is growing evidence of a possible recession. If one materializes, President Trump could lose his most powerful argument for reelection: a strong economy.
Tue., April 16, 2019
The lesson of the financial crisis is that it wasn’t just overzealous regulators or greedy capitalists; the larger role was played by the convergence of many forces that we understand …
Tue., April 2, 2019
IMF managing director warns that global economy is at “delicate moment.”
UPDATED: Mon., March 25, 2019
The nation’s business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration’s predictions that growth will accelerate this …
UPDATED: Fri., March 22, 2019
One of the most closely watched predictors of a potential recession just yelped even louder.
UPDATED: Mon., March 18, 2019
Noting risks, Fed is likely to signal no expectation of rate hikes in the coming months.
Sun., March 17, 2019
The growth in America’s workforce – made up of people either working or looking for work – has helped reverse an alarming consequence of the recession: The exit of millions …
UPDATED: Tue., Feb. 12, 2019
Fed Chairman Powell says prosperity not felt in all areas; economy doesn’t face elevated recession risks
Federal Reserve Chairman Jerome Powell does not feel the probability of a recession “is at all elevated,” and that the country is continuing to see solid economic growth.
UPDATED: Mon., Jan. 21, 2019
Calls are growing louder for President Donald Trump to end the trade war and government shutdown as fresh evidence pours in that businesses and consumers are losing faith in the …
UPDATED: Tue., Dec. 18, 2018
Here’s a look at how the movements of the stock market and the barometers of the economy might determine the risks of a recession.
Sun., Sept. 16, 2018
Ten years after the collapse of Lehman Brothers brought the American economy to its knees, many are asking an obvious question: When will the next financial crisis hit? If one …
Fri., Jan. 19, 2018
Top financial officials in Puerto Rico offered a peek Friday into why the U.S. territory is mired in an 11-year recession as a federal control board demanded more transparency and …
UPDATED: Wed., Sept. 27, 2017
Most American families grew richer between 2013 and 2016, but the wealthiest households pulled even further ahead, worsening the nation’s massive disparities in wealth and income.
UPDATED: Tue., Sept. 12, 2017
Incomes for a typical U.S. household, adjusted for inflation, rose 3.2 percent from 2015 to 2016 to $59,039, the Census Bureau said.
Wed., May 17, 2017
U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008.
Wed., May 10, 2017
Borrower fraud in U.S. auto loans is surging, and may approach levels seen in mortgages during last decade’s housing bubble, according to a startup firm that helps lenders sniff out …
Wed., May 10, 2017
It’s starting to look a lot like the Great Recession redux for retailers. More than twice as many stores have closed this year than at the same point last year.
Tue., Jan. 17, 2017
The United Nations predicted a modest recovery in the global economy in 2017-18 on Tuesday but warned that its projection is an indication of economic stabilization rather than a signal …
Tue., Jan. 17, 2017
If Obama had done nothing else, rescuing the economy would ensure a successful presidency. But he did do other things, and we shouldn’t forget the historic significance of having an …