Recession

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The Fed must not make its job tackling inflation harder by confusing markets, warned Citadel boss Ken Griffin.
Finance

Wall Street’s most successful hedge fund just politely told Fed Chair Jay Powell to shut up

By
March 8, 2023
‘The economy could hit an air pocket in a few months.’ Larry Summers still sees a U.S. recession as a near certainty
Finance

‘The economy could hit an air pocket in a few months.’ Larry Summers still sees a U.S. recession as a near certainty

By
March 7, 2023
Salesforce CEO Marc Benioff says nobody saw the market downturn after the ‘best year tech ever had’— but now he’s bracing for a recession
Tech

Salesforce CEO Marc Benioff says nobody saw the market downturn after the ‘best year tech ever had’— but now he’s bracing for a recession

By
March 7, 2023
Brian Moynihan, chief executive officer of Bank of America
Finance

Bank of America CEO predicts most people won’t even notice ‘slight’ recession, but warns interest rates won’t come down for at least a year

By
March 7, 2023
A man cheers while looking at a laptop screen
Success

How to win a promotion during a recession, according to 4 career experts

By
March 7, 2023
‘Dr. Doom’ Nouriel Roubini warns the global economy risks a ‘hard landing’: ‘Inflation is going to remain high’
Finance

‘Dr. Doom’ Nouriel Roubini warns the global economy risks a ‘hard landing’: ‘Inflation is going to remain high’

By Carmeli Argana and Bloomberg
March 7, 2023
Car payments push Americans ‘closer to the financial edge’ with severe delinquency rate the highest in 17 years
Finance

Car payments push Americans ‘closer to the financial edge’ with severe delinquency rate the highest in 17 years

By
March 2, 2023
A customer looks into a closed Bed Bath and Beyond store
Finance

Economists revise U.S. recession forecast on the back of a series of resilient economic reports

By Christopher Rugaber and The Associated Press
February 27, 2023
America’s economy is splitting consumers into two very different realities
Finance

America’s economy is splitting consumers into two very different realities

By
February 25, 2023
Stop dreaming about ‘immaculate disinflation’ because the Fed is probably going to cause a recession, according to a new paper
Finance

Stop dreaming about ‘immaculate disinflation’ because the Fed is probably going to cause a recession, according to a new paper

By Christopher Rugaber and The Associated Press
February 24, 2023
Top Wall Street strategist David Rosenberg crushes rosy economic predictions and says ‘no landing’ talk is Wall Street’s ‘biggest hoax‘ in years
Finance

Top Wall Street strategist David Rosenberg crushes rosy economic predictions and says ‘no landing’ talk is Wall Street’s ‘biggest hoax‘ in years

By
February 24, 2023
Jamie Dimon says the Fed has ‘lost a little bit of control’ on inflation and the economy is facing some ‘scary stuff’
Finance

Jamie Dimon says the Fed has ‘lost a little bit of control’ on inflation and the economy is facing some ‘scary stuff’

By
February 23, 2023
Billionaire Bond King Jeffrey Gundlach says he’s preparing for a recession and it doesn’t matter what you call it— ‘In either case you need an umbrella’
Finance

Billionaire Bond King Jeffrey Gundlach says he’s preparing for a recession and it doesn’t matter what you call it— ‘In either case you need an umbrella’

By
February 23, 2023
A recession could add more fuel to America’s quiet quitting fire
Success

A recession could add more fuel to America’s quiet quitting fire

By
February 23, 2023
We’re in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official
Finance

We’re in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official

By
February 22, 2023

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