Recession

President Joe Biden's ambitious economic agenda is encountering significant headwinds as the nation braces for the potential impact of a looming recession.  The administration's plans to address critical economic challenges, including…

As 2023 approaches its end, ominous signs of economic distress have begun to cast a shadow over various nations, sparking growing concerns about an impending recession.  A combination of factors, including supply chain disruptions,…

Bank of America has revised its forecast for the US economy, moving away from the mild recession it had previously predicted.  In a recent research paper, the bank's experts amended their prior predictions of a moderate economic slump in…

As inflation continues to devastate the finances of middle-class American families, the December report from Moody's Analytics revealed that families spend an estimated $72 more per month on food than they did a year ago. In its annual…

Will there be a recession? For many people, analysts cautioned against investing in risky investments and the possibility of not receiving unemployment benefits. In fact, analysts cautioned against investing in risky investments over a…

A Wall Street Journal survey of economists seems to validate what many have long predicted for 2023, namely, that a recession will occur owing to rising interest rates. The survey conducted on Saturday revealed that 61% of economists…

The World Bank issued a warning amid rising inflation and interest rates that a second global recession in a decade may be on the horizon. The institution's Global Economic Prospects study predicts that global GDP would increase by just…

The US economy has been hurt by a year of persistently high inflation, swift interest rate increases, and an energy shock brought on by war. Although the labor market is still remarkably healthy, many experts predict that the United States…