Tag: recession

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 Says Smartphone Demand Collapsing at ‘Magnitude Greater’ Than Forecasted
Semiconductor giant Qualcomm cautioned investors durings its Q2 ‘23 earnings call that the “evolving...

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 Speculators Default as America Flirts With Recession
What goes up must inevitably come down, housing market speculators who overleveraged during the Coronavirus...

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 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...

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...

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...

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...

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...