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This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 9, 2023
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
Economists keep predicting a slowdown in the super-hot labor market, but it keeps not happening. Jobless claims for the most recent week dropped by 26,000, the largest decline in five months.
Last week, the S&P 500 logged its worst weekly performance since March 2020, losing 5.8% after falling into a bear market on Monday. This decline also marked the benchmark index's 10th loss in the ...
Top economist explains why she’s sticking with her recession call—and it’s all about gridlock in Congress on two major bills. Paolo Confino. February 28, 2024 at 3:44 PM ... Just last week, ...
While it may be premature to declare a recession has begun, one thing was clear after Friday’s jobs report and the triggering of the Sahm Rule: The likelihood of an economy- and market-juicing ...
On January 25, a demonstration began at Water Tower Place in downtown Chicago, featuring multiple social justice speakers before participants marched to Trump Tower. The demonstration was originally scheduled for President Trump's second inauguration on January 20, but was postponed due to severe weather conditions. Over 60 advocacy ...
Ultimately, after this bubble pops and a recession comes, Spitznagel fears, excessive debt in the global economy and "money printing" from the Fed will lead to a period of low growth and high ...