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" Recession"

219 results

Business - Economy
3/31/2023 6:01:01 PM
Stocks are rising Friday, and Wall Street is on track to close out a winning March and first quarter of the year despite a long list of worries being thrown at it.

Business - Economy
2/28/2023 6:28:16 PM
​For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflation was steadily slowing from painful heights. And growth and hiring remained surprisingly sturdy despite ever-higher interest rates imposed by the Federal Reserve.

World - International
2/28/2023 12:46:12 PM
Finland entered a recession in the final quarter of 2022, while the Swedish economy shrank more than initially estimated, official statistics showed Tuesday.

World - International
2/14/2023 5:32:30 PM
Hungary's economy entered recession in 2022 according to official data published Tuesday, as soaring energy prices drove inflation higher.

World - International
1/25/2023 5:29:43 PM
Germany is set to narrowly escape a recession this year, the government said Wednesday, as Europe's biggest economy weathers the fallout from the Ukraine war better than expected.

Business - Economy
1/24/2023 4:20:19 PM
The eurozone economy grew in January for the first time in six months, a closely watched survey showed Tuesday, raising hopes that Europe will avoid a recession this winter.

Business - Economy
1/17/2023 8:11:18 PM
Germany will avoid a painful recession this year, Chancellor Olaf Scholz said Tuesday, predicting that Europe's largest economy will overcome elevated energy prices following the Russian invasion of Ukraine.

Business - Economy
1/17/2023 6:29:44 PM
A poll conducted in October and November 2022 and released on the eve of the 2023 World Economic Forum (WEF) in Davos bodes ill for global economy in 2023.

Business - Economy
1/16/2023 4:46:24 PM
Two-thirds of chief economists from private and public sectors expect a global recession in 2023, according to a survey released on Monday at the annual World Economic Forum (WEF) in Switzerland.

Business - Economy
1/13/2023 5:51:25 PM
Wall Street on Friday is giving back some of the gains from its strong start to the year, as earnings reporting season gets underway and CEOs show just how badly high inflation and a slowing economy are hurting them.

Business - Economy
1/10/2023 6:16:54 PM
The global economy will slow "perilously close" to a recession this year, led by weaker growth in all the world's top economies _ the United States, Europe and China, the World Bank warned on Tuesday.

Business - Markets & Companies
1/4/2023 9:43:06 AM
Asian markets were mixed Wednesday as investors weighed China's reopening moves against its surging Covid cases, while recession concerns and a drop on Wall Street kept sentiment grounded.

Business - Markets & Companies
1/3/2023 4:59:00 PM
European stock markets started the New Year on a high note on Monday after a rough 2022 but the IMF chief warned that a third of the world economy faces recession in 2023.

World - International
12/31/2022 2:29:33 PM
Britain has had a tough 12 months and its problems will not ``go away'' in 2023 - but the coronation of King Charles III will help bring the country together, Prime Minister Rishi Sunak said Saturday in his New Year message.

Business - Economy
12/30/2022 7:17:54 PM
Stock markets were wrapping up their worst performances in years on Friday before heading into 2023 under recession fears following Russia's invasion of Ukraine, high inflation, and rising interest rates.

Business - Economy
12/26/2022 9:22:42 PM
In an interview with Al-Arabiya News channel, UN Climate Change High Level Champion for Egypt Mahmoud Mohieldin said that though global recession is inevitable in 2023 developing countries can find ways to alleviate its impact.

Business - Economy
12/7/2022 3:17:41 PM
Major stock markets suffered more selling Wednesday on growing fears that Federal Reserve monetary tightening will tip the US economy into recession.

Business - Economy
11/21/2022 6:42:50 PM
Britain needs more migrant labor to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.

World - International
11/11/2022 5:54:22 PM
The European Union's executive commission slashed its forecast for economic growth next year, saying the 19 countries that use the euro currency will slide into recession over the winter as peak inflation hangs on for longer than expected and high fuel and heating costs erode consumer purchasing power.

Business - Economy
11/11/2022 3:20:36 PM
The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.

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