Economic Growth/Recession
- Stock Market
Why Bill Gross expects a U.S. recession to begin by year’s end
Bill Ackman isn’t the only boldfaced Wall Street name who believes the U.S. economy is in worse shape than the…
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Eurozone Braced for Weaker Growth in 2023, 2024, EU Forecasts Say
By Joshua Kirby and Ed Frankl The eurozone is likely to grow at a slower pace than previously expected this…
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Oil prices post a second straight session loss after weak China data
Oil futures fell Monday, with U.S. and global benchmark prices settling at their lowest in a week after data on…
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The U.S. economy might still be too strong for its own good
The economy is slowing all right, but oddly, it might still be too strong to get inflation to fall much…
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Jobless claims jump to 211,000 and hit highest level since Christmas. Blame New York
The numbers: The number of Americans who applied for unemployment benefits in early March jumped to a 10-week high of…
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Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation…
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U.S. economy grew a sturdy 2.9% at the end of 2022, GDP shows — but don’t look for a repeat soon
The numbers: The economy grew at a robust 2.9% annual pace in the fourth quarter, but the U.S. faces tough…
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U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
U.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in…
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Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on…
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First negative ISM reading since early pandemic is more proof U.S. economy is slowing
The numbers: A barometer of U.S. business conditions at service-oriented companies such as retailers and restaurants fell to 49.6% in…
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