4 Things to Watch in Today’s GDP Report. A Growth Spurt Is in the Cards.
Trade figures to be the wildcard in the latest reading on U.S. economic growth amid strong demand for…
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recession
Elon Musk welcomes global recession: ‘it’s been raining money on fools for too long’ |
With the invasion of Ukraine and lockdowns in China putting added pressure on a supply chain that has yet to recover from the ongoing pandemic, many are predicting a global recession. Elon Musk says bring it on.“This is actually a good…
U.S. Economy Grows as Fourth-Quarter GDP Shows Strongest Year in Decades
The U.S. economy grew rapidly in the fourth quarter of last year, advancing to a 6.9% annual rate, capping the strongest year of growth in nearly four decades as the country rebounded quickly from the pandemic-induced recession.But…
All the recession warning signs this week
A tepid stock market, soaring inflation, and rising interest rates have left Americans less than optimistic about the state of the economy. Consumer sentiment has plunged to a record low, according to a University of Michigan survey…
Wipro, Tech Mahindra: Jefferies downgrades six IT stocks on recession fears
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Earlier in May, analysts at JP Morgan had downgraded the Indian IT sector citing growth concerns. Rising margin headwind in the near-term, JP Morgan had said then,…