Tag: economy
Overleveraged Housing Speculators Default as America Flirts With Recession
What goes up must inevitably come down, housing market speculators who overleveraged during the Coronavirus...
New Waves of Layoffs Hit America’s Mainstream Companies
In yet another sign that the economy is teetering on the brink of a recession that has a non-zero probability...
More Canadian Women Aged 55 to 64 Enter the Workforce
The number of Canadians aged 55 to 64 entering the workforce to make ends meet has significantly increased...
America’s Financial Landscape Is Stuttering, Fed Credit Survey Shows
America’s financial landscape is stagnating as demand for credit has weakened while lending conditions...
Wall Street Braces for a Recession Amid Dwindling Consumer Spending
NEW YORK, United States — Compounded by concerns of a looming global recession, U.S. stock indexes rallied...
Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...
US Consumers Confidence Ebbs as Housing Prices Slow
WASHINGTON (Reuters) — U.S. consumer confidence ebbed in October after two straight monthly increases...
British PM Truss Vows to ‘Carry On’ Amid Dwindling Support
LONDON (Reuters) — British Prime Minister Liz Truss warned of tough times ahead after she scrapped her...
Investors Worry About Hiring Outlook, Spending Before US Earnings
NEW YORK (Reuters) — The outlook for jobs and spending may be chief among concerns for investors heading...
Oil Rises as OPEC+ Agrees Deep Cuts to Production
Oil prices rose on Wednesday, Oct 5 — building on gains in recent days as OPEC+ agreed its deepest cuts...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
Japan’s Inflation Levels Hit 8-year High, Staying Above BOJ’s Target
TOKYO — Japan's core consumer inflation quickened to 2.8 percent in August, hitting its fastest annual...