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In a grim sign for the state, California is projected to see a $58 billion shortfall in revenue collection over the course of three fiscal years, from 2022-23 to 2024-25, according to a report ...
Recession-proof businesses provide essential goods and services, such as health care, groceries, and car maintenance. This means they maintain consistent demand even during uncertain economic ...
The idea of a coming recession may be scary, and understandably so. The good news is that there's no guarantee the economy will decline in the coming year, despite the Fed's projections.
Layoffs can happen during a recession and losing your source of income is scary. Evaluate your job security and pick up a side hustle to feel confident you can ride out the hard times.
The nation now has the highest debt to Gross Domestic Product ratio since World War II, and the debt servicing costs will be rising sharply with rates, Thornberg said.
Co-authored by top financial advisor Peter Mallouk, “Unshakeable” explains how to weather economic volatility and even profit from it. Being in-the-know can save you thousands.
Here are five things you can do right now. 1. Check Where You Stand Financially ... Before a recession forces you to, examine your budget so you can find ways to stop spending so much money now ...
H.D. Palmer, a spokesman for the Department of Finance, reiterated that the state’s financial picture could still change between now and Jan. 10 when Newsom’s budget is due.