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" Recession"

220 results

Business - Markets & Companies
4/30/2024 5:21:18 PM
Eurozone equities sagged Tuesday, weighed down by the strong euro as investors digested bright economic news, while London hit another record peak on earnings-driven optimism.

Business - Economy
11/13/2023 4:11:15 PM
Europe’s economy is weak and a destabilization through the war in Palestine could be hard to handle. Although impact remains limited, even Germany, the continent’s biggest economy, is facing recession.

Business - Economy
10/11/2023 2:57:44 PM
United States Treasury Secretary Janet Yellen says the war between Israel and Hamas poses “additional concerns” to the American economy, but she still expects inflation can be contained without causing a recession.

Business - Economy
9/20/2023 7:53:59 PM
The Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the US economy toward a “soft landing" of cooling inflation without triggering a deep recession.

Business - Economy
6/27/2023 5:11:10 PM
European Central Bank President Christine Lagarde warned Tuesday that inflation is holding its grip on the economy and underlined that the bank intends to raise rates high enough to “break this persistence."

World - Region
6/21/2023 6:48:24 PM
France's new special envoy for Lebanon arrived in Beirut on Wednesday for talks with Lebanese leaders, state media reported, as bitter divisions continue to plague the crisis-hit country.

Business - Economy
6/15/2023 2:34:45 PM
The German economy will contract in 2023, two leading economic institutes said Thursday, revising down earlier forecasts after persistently high inflation contributed to a weaker-than-expected start to the year.

Business - Economy
6/12/2023 10:56:39 AM
The European Central Bank will almost certainly deliver another interest rate hike on Thursday, pressing ahead with its fight against inflation even as the eurozone slides into a recession.

Business - Economy
6/8/2023 1:15:49 PM
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.

Business - Economy
6/5/2023 12:05:25 PM
Turkey's annual inflation rate dropped below 40 percent in May for the first time in 16 months, pushed down by a temporary offer of free gas to households, official data showed on Monday.

Business - Energy
6/4/2023 8:21:44 PM
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.

Business - Economy
5/25/2023 10:11:55 AM
Germany fell into a recession around the turn of the year, official figures published Thursday showed, as Europe's largest economy contracted by 0.3 percent over the first three months of 2023.

Business - Economy
5/23/2023 4:19:09 PM
The British economy will avoid falling into recession this year, according to upgraded growth forecasts Tuesday from the International Monetary Fund.

Business - Economy
5/14/2023 9:34:55 PM
President Joe Biden's administration again warned Sunday of "catastrophic" consequences for the US economy including huge job losses if the country defaults, as negotiations to forge a debt deal are expected to resume this coming week.

Business - Markets & Companies
5/2/2023 5:40:55 PM
European and US stock markets slid while the dollar mostly firmed Tuesday as focus turned to the US Federal Reserve which kicked off a two-day meeting Tuesday morning to decide whether to raise its benchmark lending rate for a 10th, and possibly final, time to tackle rising prices.

Business - Economy
4/14/2023 3:19:28 PM
Wall Street held steady in premarket trading Friday as some of the nation's biggest banks posted strong first-quarter profits one day after markets surged on reports of slowing inflation.

Business - Markets & Companies
4/12/2023 2:29:36 PM
Wall Street inched slightly higher early Wednesday ahead of the release of key inflation data likely to influence the Federal Reserve's stance on interest rates.

Business - Economy
4/11/2023 4:03:44 PM
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.

Business - Markets & Companies
4/10/2023 2:23:27 PM
Asian equities were mixed Monday in holiday-thinned trade after US jobs data indicated the Federal Reserve would likely have to hike interest rates again but soothed recent worries about a possible recession.

Business - Markets & Companies
4/6/2023 12:03:46 PM
Global shares were trading mixed Thursday as investors turned their attention to upcoming earnings reports and other economic indicators.

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