Longtime bear David Rosenberg sees recession slamming demand and markets
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rosenberg Research president David Rosenberg on what’s next for the Fed. With...
Housing correction is ‘dead ahead,’ warns economist Mark Zandi
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Zandi, Moody’s Analytics chief economist, on whether the housing market is...
Putin claims U.S. wants to ‘drag out’ war in Ukraine
Russian President Vladimir Putin seen at the plenary session during the Saint Petersburg Economic Forum SPIEF 2022, on June 17, 2022 in Saint Petersburg, Russia....
Shipping firm Maersk warns of weak demand and warehouses filling up
A.P. Moller-Maersk, is one of the world’s biggest container shippers with a market share of around 17%, and is widely seen as a barometer of...
European stocks close lower after strong U.S. jobs report; Rheinmetall down 12%
[ad_1] LONDON — European markets closed lower on Friday afternoon after a key U.S. jobs report showed unexpected strength in the labor market. The pan-European...
IMF cuts global GDP forecast as economic outlook grows gloomy
The International Monetary Fund on Tuesday cut its global growth projections for 2022 and 2023, dubbing the world’s economic outlook “gloomy and more uncertain.” The...
Yellen warns inflation in the U.S. is ‘unacceptably high’
BALI, Indonesia — U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said bringing down rising prices will...
Yellen says price cap on Russian oil can help address inflation
BALI, Indonesia — A cap on Russian oil prices will be crucial to help bring down inflation as U.S. consumer inflation soared to a 40-year...
US, UK, Europe, Japan will be in recession over next 12 months: Nomura
Many of the world’s leading economies will fall into a recession within the next 12 months as central banks move to aggressively tighten monetary policy...
China’s economy didn’t bounce back in the second quarter, survey finds
China’s exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers...