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RECESSION IN 2023
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...- About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
- Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...
- Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
- US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
- US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...
- Could today’s AI-driven S&P 500 rally end like the 1929 crash or the dot-com bubble after CAPE hits 40? What the Shiller CAPE ratio signals amid rising Wall Street bubble fearsStock Market CAPE Ratio hits 40, a rare level last seen before the 1929 crash and the 1999 dot-com bubble burst, raising fresh Wall Street ...
- Trump officials tried to ban half of US voting machines, citing conspiracy theoriesA Trump administration plan aimed to ban Dominion voting machines. Officials considered declaring components national-security risks. This ...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
- US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...
- Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
- Fastener traders want govt to roll back quality control order amid rising cost, supply disruptionsFastener traders are calling for the withdrawal of a new quality control order. They state the order is increasing costs, reducing supply, ...
- US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...
- Eurozone in recession at the start of 2023The Eurozone has been confirmed as entering a 'technical recession' after the region shrank by 0.1% in Q1 2023, marking two consecutive qua...
- Why is the Global Economy nearing recession in 2023?Reasons why the world’s growth is slowing is that the major economies across the globe are experiencing a decline in growth
- World Bank 2023 recession warning: Should you be bold or scared?It's often seen that investors – especially those who are just stepping into the markets – chop and change their strategy during a recessio...
- Germany to narrowly avoid recession in 2023Inflation is seen at 6% in 2023, down from the previous 7% forecast, as energy prices ease following the initial shock of the energy crisis...
- Global recession likely in 2023; India may benefit from diversification of supply chains: WEF surveyThe WEF said globally businesses are expected to cut costs significantly in response to economic headwinds, but chief economists are optimi...
- View: 2023 could be anything, from boom year to crashIndia will not be able to choose its policy stance in 2023; it will have to react to a very volatile global situation. In a best-case scena...
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