Why It MattersThe small expansion has cemented the improved outlook for Britain’s economy. Late last year, there were fears of a recession, but since then, wholesale gas prices have fallen […]
Recession and Depression
Trending topics and news from the Recession and Depression category
Back to news homeU.S. Employers Added 253,000 Jobs Despite Economic Worries
The labor market is still defying gravity — for now.Employers added 253,000 jobs in April on a seasonally adjusted basis, the Labor Department reported Friday, in a departure from the […]
Powell Bets the Fed Can Slow Inflation Despite Recession Fears
The Federal Reserve’s push to slow the economy and bring inflation under control is often compared to an airplane descent, one that could end in a soft landing, a bumpy […]
After Pandemic Rebound, U.S. Manufacturing Droops
The pandemic had a bright silver lining for Elkhart, Ind.The city, renowned as the capital of recreational vehicle production, had a surge in demand as cooped-up families took to the […]
Fed Will Decide Next Rate Move After Bank Jitters
WASHINGTON — Federal Reserve officials are widely expected to lift borrowing costs by a quarter of a percentage point on Wednesday, the 10th consecutive rate increase since March 2022. But […]
Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control
Lawmakers and regulators have spent years erecting laws and rules meant to limit the power and size of the largest U.S. banks. But those efforts were cast aside in a […]
GDP Report: US Economy Grew at 1.1% Rate in Q1
Higher interest rates took a toll on the U.S. economy in early 2023, but free-spending consumers are keeping a recession at bay, at least for now.Gross domestic product, adjusted for […]
Unemployment Is Low, Inflation Is Falling, but Recession Worries Linger
There are two starkly different ways of looking at the U.S. economy right now: what the data says has happened in the past few months, and what history warns could […]
Dour Earnings Loom Over Wall St. as a Slowing Economy Bites
As the country’s largest companies prepare to report their results for the start of the year — offering a view into how the economy is faring as a banking shock […]
California Economy Is on Edge After Tech Layoffs and Studio Cutbacks
California has often been at the country’s economic forefront. Now, as fears of a national recession continue to nag, the state is hoping not to lead the way there.While the […]