The U.S. economy continued to generate sturdy employment growth in July, but it showed definite signs of cooling alongside the Federal Reserve’s battle to suppress inflation.American employers added 187,000 jobs […]
Recession and Depression
Trending topics and news from the Recession and Depression category
Back to news homeStrong Economic Data Buoys Biden, but Many Voters Are Still Sour
President Biden and his aides are basking in what is arguably the best run of economic data to date in his presidency. Inflation is cooling, business investment is rising, job […]
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]
Credit Markets Are Creaking, Creating Economic Uncertainty
Investors and economists have become optimistic that the Federal Reserve might successfully slow inflation without plunging the economy into recession, but many are still eyeing a risk that threatens to […]
Global Economy Shows Signs of Resilience Despite Lingering Threats
The world economy is showing signs of resilience this year despite lingering inflation and a sluggish recovery in China, the International Monetary Fund said on Tuesday, raising the odds that […]
U.S. Recession Appears Less Likely, Economists Say
The recession was supposed to have begun by now.Last year, as policymakers relentlessly raised interest rates to combat the fastest inflation in decades, forecasters began talking as though a recession […]
The Pandemic’s Labor Market Myths
Remember the “she-cession”? What about the early-retirement wave, or America’s army of quiet quitters?For economists and other forecasters, the pandemic and post-pandemic economy has been a lesson in humility. Time […]
The ‘Great Resignation’ Is Over. Can Workers’ Power Endure?
Tens of millions of Americans have changed jobs over the past two years, a tidal wave of quitting that reflected — and helped create — a rare moment of worker […]
New Zealand House Prices Have Crashed, Wiping Out Billions in Wealth
Michael Wilson was hopeful when he put his three-bedroom house up for sale: Over a dozen would-be buyers came to the initial showing.But about a year later, the property is […]
World Bank Projects Weak Global Growth Amid Rising Interest Rates
The World Bank said on Tuesday that the global economy remained in a “precarious state” and warned of sluggish growth this year and next as rising interest rates slow consumer […]