US economy adds 372K jobs in June despite recession fears
U.S. job growth increased more than expected in June and the unemployment rate remained near pre-pandemic lows, signs of persistent labor market strength that ...
Tag: recession
Bitcoin dips below $19K as crypto fund Three Arrows implodes
Bitcoin briefly sank below $19,000 on Thursday, hitting a fresh low for the year as investors digested the collapse of ...
Joe Biden’s economic czar Brian Deese dodges inflation question
A top economic adviser to President Biden repeatedly dodged the question of when the scorching, decades-high inflation that has vexed ...
Wall Street’s favorite recession indicator is flashing red
A closely watched recession predictor in the bond market just flashed red, spurring fresh concern that the US economy is on ...
US economy added robust 390,000 jobs in May despite inflation, recession fears
US employers added a healthy 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy ...
Elon Musk welcomes recession: ‘Bankruptcies need to happen’
Elon Musk believes it would be beneficial for the US economy to go into a recession and that “some bankruptcies ...
Lloyd Blankfein warns of ‘very, very high risk’ of recession
Former Goldman Sachs chief executive Lloyd Blankfein is warning there is a “very, very high risk” of recession — and ...
Dow up, but stocks on track for 6th straight losing week
Wall Street found some relief on Friday as major stock indexes bounced from a brutal week of selling — but ...
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