The banking crisis is having a slow-burn impact on the economy
A banking crisis that erupted less than two months ago now appears to be less a major broadside to the…
A recession is coming — and stock markets won’t come through it unscathed, strategist says
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview…
Veteran investor David Roche says a credit crunch is coming for ‘small-town America’
The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch…
Fed Governor Bowman casts doubt on the need for a U.S. digital dollar
Federal Reserve Governor Michelle Bowman expressed skepticism over the possibility of a digital U.S. dollar, noting Tuesday the multiple risks…
Inflation rises just 0.1% in March and 5% from a year ago as Fed rate hikes take hold
Inflation cooled in March as the Federal Reserve’s interest rate increases showed more impact, the Labor Department reported Wednesday. The…
Outlook for credit access hits record low while inflation expectations jump, NY Fed survey shows
Consumers are getting more pessimistic about inflation and their access to credit, according to the results of a monthly survey…
Job growth totals 236,000 in March, near expectations as hiring pace slows
Nonfarm payrolls growth in March was about in line with expectations, but showed signs that the jobs picture is in…
Layoffs are up nearly fivefold so far this year with tech companies leading the way
Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month and a giant acceleration from…
IMF says U.S-China tensions could cost the world about 2% of its output
The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…
Private payrolls rose by 145,000 in March, well below expectations, ADP says
Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown…
