NEW YORK – The US economy has contracted for two consecutive quarters and experts are divided on the forecast of a possible recession. What is clear is...
Tag - recession
First modification: 07/28/2022 – 19:20 With a year-on-year drop of 0.9% in the second quarter of 2022, the United States accumulated two consecutive...
TITLE: Record Inflation Forces Federal Reserve to Take Aggressive Action SLUG: US ECONOMY DATE: JULY 27, 2022 AUTHOR: IACOPO LUZI LOCATION: WASHINGTON DC VIDEO...
US hiring remained strong in June, with 372,000 jobs added and the unemployment rate holding at 3.6%. It was the fourth consecutive month of employment growth...
First modification: 07/22/2022 – 01:15 The war in Ukraine worsened the global economic outlook. Inflation is setting records in the EU and the rest of...
First modification: 07/15/2022 – 18:03 Major US banks dramatically cut their profits in the second quarter of 2022, as the economy prepares to enter an...
Strict lockdowns slowed growth to 0.4% in the second quarter. The growth target of 5.5% by the end of the year is practically unattainable. Beijing bets on...
TITLE: Consumer prices rise sharply again in the US SLUG: US INFLATION DATE: JULY 13, 2022 AUTHOR: IACOPO LUZI LOCATION: WASHINGTON DC VIDEO SOURCE: REUTERS...
First modification: 07/13/2022 – 19:45 Uncertainty is the general sentiment when thinking about the future of the world economy. Inflation, high interest...
First modification: 07/11/2022 – 23:35 High inflation and the fallout from the war in Ukraine have pressured many companies to consider laying off staff...