Recessions and depressions

JPMorgan sees four potential outcomes for the economy, and only one of them is good

JPMorgan sees four potential outcomes for the economy, and only one of them is good

According to economists at JPMorgan Chase, the global economy faces four likely scenarios – none particularly large – although there is a 1 in 5 chance a recession will not take hold. In the company’s most likely case, the United States is likely to experience a contraction in the latter part of 2023. Other possible …

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You've been fired - now what?  Here are 3 steps to follow if you lose your job

You’ve been fired – now what? Here are 3 steps to follow if you lose your job

Srdjanpav | E+ | Getty Images The layoffs at tech giants Twitter and Meta this week affected thousands of people – and they’re just the latest examples of a downsizing trend that was already happening in the industry. The news has shed light on employee rights in mass termination situations. Although downsizing laws vary by …

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Here are 6 strategies to protect your finances against recession at any age

Here are 6 strategies to protect your finances against recession at any age

Like many Americans, you may fear that we are heading into a recession. More than 6 in 10 Americans – 62% – believe there will be a recession next year, according to the latest CNBC All America Economic Survey conducted in early July. According to another report from MagnifyMoney, older Americans in their late 50s …

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