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  2. The most well-known recession indicator stopped flashing red ...

    www.aol.com/finance/most-well-known-recession...

    The most recent prior case of the yield curve uninverting was September 2019. Shortly after that happened, the Fed cut rates, but there wasn’t any recession until February 2020.

  3. Recession forecasts have been wrong for years. Here's why a ...

    www.aol.com/finance/recession-forecasts-wrong...

    For example, the NBER didn't declare the recent pandemic-related recession in March 2020 an official recession until July 2021. The contrarian: Michael Burry of "The Big Short" fame in 2015.

  4. Wait, layoffs and job growth? What's going on with the ... - AOL

    www.aol.com/news/wait-layoffs-job-growth-whats...

    But a funny thing happened on the way to hard times: The “Big R” for the U.S. economy now looks like it’s “Resilience,” not “Recession,” as economists at Bank of America recently put it.

  5. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    The UK entered a technical recession in the final six months of 2023. [211] [212] Germany's inflation rate reached 11.7% in October 2022, the highest level since 1951. [213] In 2023, Germany fell into recession from January to March due to persistent inflation. [214] In France, inflation reached 5.8% in May, the highest in more than three ...

  6. Is a recession on the way? What data says about the economy - AOL

    www.aol.com/finance/recession-way-data-says...

    Sky high inflation. Rising interest rates. Falling home purchases. Analysts are working to digest a host of signals about the state of the U.S. economy, which emerged from a pandemic recession ...

  7. COVID-19 recession - Wikipedia

    en.wikipedia.org/wiki/COVID-19_recession

    The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.

  8. Recession has struck some of the world's top economies. The ...

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    Its stock markets have been among the world’s worst recently due to worries about a sluggish economic recovery and troubles in the property sector. The U.S. economy faces its own challenges.

  9. January 2025 Southern California wildfires - Wikipedia

    en.wikipedia.org/wiki/January_2025_Southern...

    From January 7 to 31, 2025, a series of 14 destructive wildfires affected the Los Angeles metropolitan area and San Diego County in California, United States. [5] The fires were exacerbated by drought conditions, low humidity, a buildup of vegetation from the previous winter, and hurricane-force Santa Ana winds, which in some places reached 100 miles per hour (160 km/h; 45 m/s).