“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the […]
Recession and Depression
Trending topics and news from the Recession and Depression category
Back to news homeAfter Stock Market’s Worst Start in 50 Years, Some See More Pain Ahead
Wall Street set records in the first half of the year, none of them good.The economy is on the cusp of a recession, battered by high inflation and rising interest […]
Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales
For the past two years, anyone who had a home to sell could get practically any asking price. Good shape or bad, in cities and in exurbs, seemingly everything on […]
Fed Confronts a ‘New World’ of Inflation
Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly and surprisingly rapid — a bout of economic soul-searching that could have […]
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said.Republicans, meanwhile, have blamed the Biden administration — and in particular, […]
The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling […]
Fed Set to Lift Rates as ‘Soft-ish Landing’ to Slow Inflation
Federal Reserve officials are meeting this week with one major goal in mind: cooling the economy enough to slow rapid inflation.The odds of pulling that off without plunging the nation […]
Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
Federal Reserve officials are meeting this week with one major goal in mind: Cooling the economy enough to slow rapid inflation.The odds of pulling that off without plunging the nation […]
Wall Street Stabilizes in Bear Market Territory as Fed Decision Approaches
Stocks on Wall Street began trading on Tuesday with a modest gain, a day after a rush of selling pushed the S&P 500 into a bear market, leaving the index […]
Inflation in the United States: What You Need to Know
The government reported on Friday that consumer prices climbed 8.6 percent over the year through May, the fastest rate of increase in four decades.Americans are confronting more expensive food, fuel […]