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Tag: recession

Investor purchases in the housing market fell by 50 percent but have only returned to pre-COVID levels.
Investor Purchases of US Homes Decline From Pandemic High
New data from real estate brokerage Redfin shows promising signs that a record inflation of the U.S....
Qualcomm has warned that smartphone demand is collapsing with eyes on Mainland China
Qualcomm Says Smartphone Demand Collapsing at ‘Magnitude Greater’ Than Forecasted
Semiconductor giant Qualcomm cautioned investors durings its Q2 ‘23 earnings call that the “evolving...
Rideshare Lyft will layoff 1,000+ people in an effort to finally make money.
Layoffs Rolling as Lyft Dumps 26% of Employees In Struggle To Get Profitable
One of the rideshare industry’s household names, Lyft, confirmed in a Security and Exchange Commission...
Overleveraged Housing Market Speculators are facing foreclosure now that recession is upon America.
Overleveraged Housing Speculators Default as America Flirts With Recession
What goes up must inevitably come down, housing market speculators who overleveraged during the Coronavirus...
UK Pubs are closing faster than they did during COVID-19 lockdowns amid food and energy costs.
UK Pubs Vanishing Faster Amid Economic Tension Than Following COVID Lockdowns
The United Kingdom’s iconic public houses are vanishing at a faster rate in the first three months of...
Small business bankruptcies are worse today than at the beginning of the COVID pandemic
Small Businesses Going Bankrupt 73% Faster Than Beginning of COVID Crisis
Another dark omen for the United States economy is manifesting: small business bankruptcy rates are now...
America's job openings fell to less than 10 million and down 1.5 million year over year in February of 2023.
Job Openings Plummet by 1.5 Million Year-over-year in Abysmal Monthly BLS Report
An abysmal monthly Job Openings and Labor Turnover Summary (JOLTS) report issued by the U.S. Bureau of...
Waves of layoffs are crushing US mainstream companies
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+ are entering the workforce as utilities and mortgages crush the middle class
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...
US consumers are buying more fruits and vegetables despite economic pressures.
Consumers Still Hot For Fruits and Vegetables Despite Economic Pressures
American consumers are not only still buying fruit and vegetables despite the economic pressures of 2022...
A Federal Reserve bank survey shows that lending conditions have both tightened and suffered weakened demand across all sectors.
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...
Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...