The past several weeks have seen a significant number of companies announce major layoffs, including UPS (UPS), Amazon (AMZN) ...
In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
Are we already in a recession? What does it mean for your job, investments, and financial future? Economist Kathryn Edwards ...
A close observer of the economy might be tempted to ask, “What is going on?” The stock market continues to do well (subject ...
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ...
A report by Moody Analytics' chief economist Mark Zandi says Iowa — among 21 states — are at "high risk" of recession.
Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate ...
Chief economist from Moody's Analytics assessed states' economies and determined which are in a recession, at risk or are ...