Recession
US: Wall Street opens sharply lower as Trump tariffs trigger recession fears
[NEW YORK] Wall Street’s major indexes plunged on Thursday (Apr 3), as President Donald Trump’s sweeping tariffs on major trade partners ignited fears of an all-out trade war and...
German economy in recession with no more growth seen in 2024
GERMANY is suffering a mild recession and output across the whole of 2024 will be flat, according to a Bloomberg survey – underscoring the malaise in Europe’s largest economy.Analysts...
False alarm no longer? Recession fears continue to spook US stock market
Recent data is not consistent with the US economy falling off a cliff, but there is ample evidence of teetering on the edge of oneFOR the second time in...
💸 A Gen Z’s guide to preparing for a recession
🥴 A recession freakoutEconomic pundits and the stock market have been freaking out lately and no, it’s not over a certain kaya toast chain raising its prices (again). First,...
Asia: Markets tumble as US jobs data stoke recession fears
ASIAN markets tumbled on Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in the world’s top economy.The big miss in the August...
Greenback softens, yen set for weekly fall as US recession worries fade
THE US dollar fell against the yen on Friday (Aug 16), and was softer against other peers as traders took profits and investors sifted through economic data to gauge...
Goldman cuts US recession risk following retail sales, jobs data
GOLDMAN Sachs Group economists lowered the probability of a US recession in the next year to 20 per cent from 25 per cent, citing last week’s retail sales and...
US: Stocks rally as recession fears recede
WALL Street logged a strong showing on Thursday (Aug 15) with all three major indices rallying on the back of encouraging consumer data that soothed earlier fears of a...
