Recession

The U.S. economy won't collapse under the "weight" of the Fed based on how these sectors perform despite inflation and oil risks

The U.S. economy won’t collapse under the “weight” of the Fed based on how these sectors perform despite inflation and oil risks

Investors are trying to read the tea leaves on a choppy U.S. stock market to gauge whether its recent rise can continue after Federal Reserve Chairman Jerome Powell sparked bullish sentiment in late November by indicating that his aggressive stock hikes interest rates could slow. “Stock market management is telling you that the economy is …

The U.S. economy won’t collapse under the “weight” of the Fed based on how these sectors perform despite inflation and oil risks Read More »

Consumers are starting to act as if recession is imminent

Consumers are starting to act as if recession is imminent

Text size Consumer dissatisfaction is worse among households earning less than $50,000 a year, writes Dana M. Peterson. Frederic J. Brown/AFP/Getty Images About the Author: Dana M. Peterson is chief economist at the Conference Board. Consumers sense that a recession is imminent and are beginning to behave accordingly. They become more and more unhappy by …

Consumers are starting to act as if recession is imminent Read More »

Not just the housing market: Recession threatens 'unprecedented' slowdown in manufacturing that will extend into next year

Not just the housing market: Recession threatens ‘unprecedented’ slowdown in manufacturing that will extend into next year

Topline Growing evidence has emerged this week that the Federal Reserve’s interest rate hikes, which have already caused a sudden collapse in the once-hot housing market, have fueled an unprecedented downturn for manufacturers, paving the way for which could lead to a prolonged downturn in the industry. production. ‘One of the biggest deteriorations in world …

Not just the housing market: Recession threatens ‘unprecedented’ slowdown in manufacturing that will extend into next year Read More »

The labor market is still very strong, but that means a recession next year could hurt even more

The labor market is still very strong, but that means a recession next year could hurt even more

The United States added more payrolls than expected in November, marking another month of strong growth. This expansion, along with even higher wages, is good news for workers who are still changing jobs. This scorching job market could mean more economic problems later on as the Federal Reserve steps in. Loading Something is loading. Thank …

The labor market is still very strong, but that means a recession next year could hurt even more Read More »

US labor market shrugs off recession fears;  keeps the Fed on a tightening path

US labor market shrugs off recession fears; keeps the Fed on a tightening path

Non-farm payrolls increase by 263,000 in November Unemployment rate stable at 3.7%; turnout drops The average hourly wage increases by 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – U.S. employers hired more workers than expected in November and raised wages, ignoring growing fears of a recession, but that is unlikely to stop the Federal …

US labor market shrugs off recession fears; keeps the Fed on a tightening path Read More »

Column: Dodging the Recession Could Whip the Markets: Mike Dolan

Column: Dodging the Recession Could Whip the Markets: Mike Dolan

LONDON, Dec 2 (Reuters) – A recession of sorts next year is quickly becoming a consensus – so much so that financial markets could find themselves whipped if they don’t materialize. The crux of most outlooks for 2023 is a year of contraction in activity at some point, disinflation and interest rate spikes. The result …

Column: Dodging the Recession Could Whip the Markets: Mike Dolan Read More »

I asked a financial advisor to review my portfolio and share 6 ways to protect my finances against recession before it's too late

I asked a financial advisor to review my portfolio and share 6 ways to protect my finances against recession before it’s too late

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. I shared my finances with an advisor to get his advice on …

I asked a financial advisor to review my portfolio and share 6 ways to protect my finances against recession before it’s too late Read More »

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels Read More »