Goldman Sachs cuts odds of a U.S. recession in the next year
Goldman Sachs revised down the odds of a U.S. recession happening in the next 12 months, cutting the probability down…
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…
White House takes a victory lap after inflation report comes in cooler than expected
WASHINGTON — President Joe Biden on Wednesday celebrated new data that showed inflation cooling more quickly than expected. “Good jobs and…
India’s IDFC First Bank says merger will boost credit growth
India’s IDFC First Bank expects to see robust credit growth following its recent merger, according to managing director and CEO…
This is ‘the end of the beginning’ of the battle against inflation, economist says
Central banks are at “the end of the beginning” in their battle against inflation, as several factors keep core prices…
Yellen’s visit to China is ‘crucial’ to U.S.-China engagement, professor says
U.S. Treasury Secretary Janet Yellen’s visit to China is “crucial” to ensuring that both countries continue talking to each other,…
Janet Yellen arrives in Beijing on mission to find common ground for U.S. and China
Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between…
Most investors believe we are in a new bull market and there will be no recession in 2023
The majority of Wall Street investors believe stocks have entered a new bull market and the U.S. economy will skirt…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
