|
War in Ukraine
-
Economy
7/18/2022 3:20:12 PM
Across Europe, signs of distress are multiplying as Russia's war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants.
|
|
World
-
International
7/13/2022 5:27:57 PM
Global stocks fell Wednesday and the euro dipped below $1.00 for the first time in nearly 20 years after data showed a surge in US inflation last month, convincing investors that further increases in borrowing costs are on their way.
|
|
World
-
International
7/13/2022 4:59:07 PM
Wall Street stocks opened sharply lower Wednesday after fresh consumer price data exacerbated recession fears, as the Federal Reserve aggressively hikes interest rates.
|
|
Business
-
Energy
7/4/2022 10:28:19 AM
Amazon founder Jeff Bezos has criticized President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting the White House to come to the US leader's defense on Sunday.
|
|
World
-
International
6/27/2022 11:18:30 AM
In 1975, leaders of the world's wealthy democracies gathered to deal with an energy crisis sparked by a war and rampant inflation. Those same sore points are bedeviling their successors representing 46% of the global economy at this week's Group of Seven summit, with high consumer and energy prices threatening to trigger recessions in the U.S. and Europe.
|
|
World
-
International
6/24/2022 7:08:11 PM
A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence from Russia's war in the neighbouring country as the conflict's full impact sinks in and the threat of recession rises.
|
|
Business
-
Markets & Companies
6/23/2022 11:48:40 AM
Asian markets mostly rose Thursday on bargain buying after the previous day's battering, though oil extended losses after US Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.
|
|
Business
-
Markets & Companies
6/20/2022 11:46:48 AM
Markets were mixed Monday having pared earlier losses but sentiment continues to be clouded by fears that central bank moves to rein in soaring inflation will induce a recession.
|
|
World
-
International
6/16/2022 10:55:24 PM
President Joe Biden told The Associated Press on Thursday that the American people are 'really, really down' after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets.
|
|
War in Ukraine
-
Economy
6/2/2022 6:09:00 PM
At his garage in the south of Moscow, 35-year-old mechanic Ivan is starting to worry.
|
|
World
-
International
5/23/2022 1:43:00 PM
President Joe Biden on Monday launched a new trade deal with 12 Indo-Pacific nations aimed at strengthening their economies as he warned Americans worried about high inflation that it was ``going to be a haul'' before they feel relief. The president said he does not believe an economic recession is inevitable in the U.S.
|
|
Business
-
Markets & Companies
5/19/2022 7:18:46 PM
European and Asian markets took a beating Thursday after Wall Street suffered one of its worst batterings in two years over recession fears after decades-high inflation.
|
|
War in Ukraine
-
Economy
3/15/2022 11:09:56 AM
The government in Kyiv continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the IMF said late Monday.
|
|
World
-
International
3/10/2022 4:00:46 PM
Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to the low, pre-pandemic levels seen before the coronavirus recession in 2020.
|
|
World
-
International
1/4/2022 8:14:35 PM
A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the US job market is bouncing back strongly from last year's coronavirus recession.
|
|
World
-
International
6/22/2021 3:10:20 PM
Separatist sentiment skyrocketed in Catalonia over the past two decades, fueled by the global recession and an increasingly polarized political climate
|
|
World
-
International
6/22/2021 12:04:39 PM
Tensions over secession in the Catalan-speaking region of 7.5 million grew in earnest a decade ago amid recession-driven economic hardship
|
|
World
-
International
6/3/2021 3:09:51 PM
The decline in applications reflects a swift rebound in economic growth and the job market's steady recovery from the coronavirus recession
|
|
Arts & Culture
-
Screens
4/11/2021 10:19:28 PM
|
|
World
-
Africa
1/18/2021 6:15:03 PM
The pandemic and lockdowns to tackle it have damaged an economy that was already in recession and left millions dependent on food aid
|