Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the wor...
Tag: Recession
Reversible Transactions, Ripple Wins, Recession
It has been another glorious week in crypto, but a tough one for the economy as markets around the world faced turmoil. This week we turn back time with Ethereum, and ask whether non-fungible tokens (...
Microsoft’s Latest AI Tool Can Predict Missed Doctor’s Appointments
Between the scarcity of trained physicians, nursing staff shortages, and general attrition amongst healthcare workers, securing a doctor’s appointment is not an easy task in the modern day clinical la...
‘We are in deep trouble’: Billionaire investor Druckenmiller believes Fed’s monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will result in a recession. “I will be...
Healthcare And Biotech Outperform As Recession Fears Heat Up
Stocks fell sharply in September to this bear market’s new lows. Getty Images September lived up to its billing as a lackluster month for the stock market, as the S&P 500 lost another 9.1% t...
Four Reasons Why The Federal Reserve Is Tightening Into A Recession
What is Jerome Powell thinking? Getty Images For the first time since the early 1980s, the Federal Reserve is tightening into a recession. The economy is slowing quickly, and leading economic indicato...
Unions could face obstacle in 2023 if economy falls into recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen...
Bitcoin price slips under $19K as official data confirms US recession
Bitcoin (BTC) wobbled in its narrow trading range at the Sept. 29 Wall Street open as official data put the United States economy in recession. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...
Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming – Economics Bitcoin News
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling...
US Recession Confirmed, S&P Slumps 2% on Open and Bitcoin Follows
In a confirmation of what analysts had long suspected, the Bureau of Economic Analysis (BEA) reported that the U.S. fell into a technical recession in the second quarter of 2022. The BEA stated on Thu...
Stock Market Gloom ‘Worse Than Ever’ As Fed Signals It May Keep Tightening Until Recession
Topline Fed officials on Thursday reiterated calls for aggressive policy to combat stubbornly high inflation—fueling expectations for bigger rate hikes amid a stock-market selloff that’s seen major in...
Stan Druckenmiller Says Advantage Crypto, Come Recession Next Year
American investor Stan Druckenmiller is confident of a recession happening in 2023. He expects a recession next year followed by markets that may stagnate for a decade thereafter. Meanwhile, Stan Druc...
‘We shun most stocks’ amid unrealized recession risk
The world’s largest investment manager is avoiding the stock market and warning investors to do the same. Strategists at BlackRock’s (BLK) Investment Institute said in a note published Monday that the...
Recession By 2023, Here Is How Crypto Market Might Benefit
It was in November 2021 that the world’s first cryptocurrency, Bitcoin hit an all-time high of $69,000. Since then BTC has been struggling for a bull run combating increasing interest rates by the fed...
The Biden Administration Announces $8 Billion In Commitments To Address Hunger, Nutrition, And Health Issues
Today, President Biden and key senior officials hosted the White House Conference on Hunger, Nutrition, and Health. The goal behind the conference is straightforward: to address issues regarding food ...
Dow Soars 500 Points As Investors Shake Off Recession Fears
Topline The stock market had its best day in two months on Wednesday, paring six straight days of losses, as investors reacted positively to stabilizing actions by the Bank of England and indications ...
What Are Dividend Stocks?
Financial planning getty Dividend stocks are securities that include a regular distribution of the issuing company’s earnings. They operate like ordinary stocks and represent a share of ownership in a...
Ford’s fundamentals remain strong, despite recession worries, productions snags
The economy faces a heightened risk of a recession, Ford (F) CEO Jim Farley told CNBC on Tuesday, a week after the automaker warned investors of $1 billion in unexpected supplier costs and parts short...
Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect
Billionaire investor Stanley Druckenmiller believes the Federal Reserve’s attempt to quickly unwind the excesses it helped build up for a decade with easy monetary policy will not end well for t...
The Fed Gets Trolled Over Their Response To Recession, Here’s Why
The crypto market saw a major selloff due to the hawkish stance of the Federal Reserve. Several key central bank officials gave speeches, speaking on a wide array of issues. However, the most importan...
Productivity Plummets For 80% Amid Uncertainty: 5 Ways To Cope
Stress, worry and anxiety are negatively affecting productivity. getty Times are tough and people are increasingly worried about everything from recession and inflation to climate change and global su...
Vast Majority Of Manufacturers Plan Price Increases In 2023, According To New Poll By Forbes, Xometry And Zogby
Most Manufacturers Say They’ll Continue Hiking Prices Into 2023 As Inflation Persists. Inflation has been rising, and if the expectations of manufacturing CEOs is an indication, it’s not going to let ...
Fears of a meltdown mount as Google searches for ‘recession’ climb over 350% in a year
As markets have been in rapid decline for almost two weeks, investors are seemingly contemplating a likelihood of a hard landing orchestrated by the Federal Reserve (Fed). August’s hotter-than-expecte...
The U.K. Economy Is Having a Meltdown. Why It’s Going to Get Worse.
The recent sharp drop in the British pound and in U.K. government bonds means traders are at panic stations, with repercussions being felt across the globe. The spectacular drops in the past month wer...
Housing Market Volatility Flashes ‘Early Signs’ Of Recession As New Home Sales Unexpectedly Surge
Topline New home sales unexpectedly surged much more than economists projected in August even though same-day data showed prices collapsing due to a dearth in demand—fueling volatility that some exper...
Goldman and BlackRock Sour on Stocks as Recession Risk Rises
(Bloomberg) — Goldman Sachs Group Inc. and BlackRock Inc. are turning more bearish on equities for the short term, warning that markets are yet to price in the risk of a global recession. Most R...
ECB President Has A Drastic Shift Of Tone On Recession
The global economy is in the grips of soaring inflation. However, the rising threat of a global recession is making matters more complicated. Christine Lagarde, the president of the European Central B...
Everything-Selloff on Wall Street Deepens on 98% Recession Odds
(Bloomberg) — Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted — especially with hawkish central...
Famed Investor Michael Burry Warns of Upcoming Recession
Bitcoin News Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economi...
Will The U.S. See A Recession?
Federal Reserve Chair Jerome Powell departs after speaking at a news conference Wednesday, Sept. 21, … [+] 2022, as the Fed has raised interest rates will it push the U.S. into recession? (AP Ph...
CrowdStrike CEO is confident in the face of a coming recession
CrowdStrike Holdings Inc (NASDAQ: CRWD) is down more than 30% from its year-to-date high but CEO George Kurtz remains convinced the cybersecurity technology company can withstand the imminent recessio...
What The Heck Is An Inverted Yield Curve? And Why Does It Predict A Recession?
| Getty Images Key Takeaways A yield curve sheds light on what many people view as the economy’s current state and may be used to forecast changing business dynamics, particularly a downturn. Al...