Recession

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Federal Reserve chair Jerome Powell pictured during a congressional testimony
Finance

March has ‘crashy vibes’ that could be a ‘prelude’ to a recession, BofA strategist says

By
March 10, 2023
Wharton professor Jeremy Siegel says the Fed’s rate hikes and ‘monomaniacal’ focus on the labor market are ‘misguided’: ‘Workers are way behind’
Finance

Wharton professor Jeremy Siegel says the Fed’s rate hikes and ‘monomaniacal’ focus on the labor market are ‘misguided’: ‘Workers are way behind’

By
March 9, 2023
BlackRock managing director Rick Rieder predicts the Fed may have to keep hiking until the prime interest rate hits 6%.
Finance

World’s largest asset manager warns Fed may not stop hiking until rates hit 6%

By
March 9, 2023
The bond market is flashing red after the yield curve inverted to levels not seen since 1981.
Finance

Bond traders haven’t been this scared of a recession since 1981

By
March 8, 2023
A Chase sign is viewed at the company's New York headquarters on May 11, 2012 in New York City.
Finance

JPMorgan top executive says it’s too early to say global recession signs are clearing and ‘green shoots are coming through’

By
March 8, 2023
The Fed must not make its job tackling inflation harder by confusing markets, warned Citadel boss Ken Griffin.
Finance

Wall Street’s most successful hedge fund just politely told Fed Chair Jay Powell to shut up

By
March 8, 2023
‘The economy could hit an air pocket in a few months.’ Larry Summers still sees a U.S. recession as a near certainty
Finance

‘The economy could hit an air pocket in a few months.’ Larry Summers still sees a U.S. recession as a near certainty

By
March 7, 2023
Salesforce CEO Marc Benioff says nobody saw the market downturn after the ‘best year tech ever had’— but now he’s bracing for a recession
Tech

Salesforce CEO Marc Benioff says nobody saw the market downturn after the ‘best year tech ever had’— but now he’s bracing for a recession

By
March 7, 2023
Brian Moynihan, chief executive officer of Bank of America
Finance

Bank of America CEO predicts most people won’t even notice ‘slight’ recession, but warns interest rates won’t come down for at least a year

By
March 7, 2023
A man cheers while looking at a laptop screen
Success

How to win a promotion during a recession, according to 4 career experts

By
March 7, 2023
‘Dr. Doom’ Nouriel Roubini warns the global economy risks a ‘hard landing’: ‘Inflation is going to remain high’
Finance

‘Dr. Doom’ Nouriel Roubini warns the global economy risks a ‘hard landing’: ‘Inflation is going to remain high’

By Carmeli Argana and Bloomberg
March 7, 2023
Car payments push Americans ‘closer to the financial edge’ with severe delinquency rate the highest in 17 years
Finance

Car payments push Americans ‘closer to the financial edge’ with severe delinquency rate the highest in 17 years

By
March 2, 2023
A customer looks into a closed Bed Bath and Beyond store
Finance

Economists revise U.S. recession forecast on the back of a series of resilient economic reports

By Christopher Rugaber and The Associated Press
February 27, 2023
America’s economy is splitting consumers into two very different realities
Finance

America’s economy is splitting consumers into two very different realities

By
February 25, 2023
Stop dreaming about ‘immaculate disinflation’ because the Fed is probably going to cause a recession, according to a new paper
Finance

Stop dreaming about ‘immaculate disinflation’ because the Fed is probably going to cause a recession, according to a new paper

By Christopher Rugaber and The Associated Press
February 24, 2023

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