Mar 31 Stocks fall, capping Wall Street’s worst quarter since 2008 By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Massive aid for the economy and markets from the Federal Reserve and Capitol Hill have helped spur some buying, although the S&P 500 and the Dow fell more than 1.5% Tuesday. Continue reading
Mar 27 IMF head says global economy now in recession By Martin Crutsinger, Associated Press IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was forecasting a recovery in 2021. But she said this would only occur if nations succeed in containing the coronavirus and limiting the economic damage. Continue reading
Feb 06 European Central Bank chief warns there’s little room to combat a recession By Associated Press Interest rates and inflation are already low, meaning there is less room to reduce rates further and make credit cheaper to support business activity. Continue reading
Nov 05 Why a slowdown in manufacturing matters for the U.S. economy By Gretchen Frazee Manufacturing makes up a small portion of the U.S. economy, but if the sector stalls, it could drag down related industries and disproportionately affect parts of the country where factories employ thousands of people. Continue reading
Oct 29 U.S. consumer confidence falls for 3rd straight month By Martin Crutsinger, Associated Press Consumers' perceptions about the present situation have improved, but future expectations frayed in October. Continue reading
Oct 29 Here’s the single phrase to watch for from the Fed this week By Christopher Rugaber, Associated Press Dropping this phrase from the Federal Reserve's meeting language would be seen as a hint that the rate cut the Fed is set to announce this week will be the last one it expects to make for 2019. Continue reading
Sep 19 Why the Fed might not have many tools to fight the next recession By Michael W. Klein If a recession hits, the Fed might need to lower rates below zero, which could cause other problems in the financial system. Continue reading
Sep 18 Watch 7:31 What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on… Continue watching
Aug 23 2020 Democrats try to criticize Trump without cheering on a recession By Julie Pace, Associated Press In town halls and speeches across the country this week, candidates leveled blame on Trump, arguing that his aggressive and unpredictable tariff policies were prompting gloomy economic forecasts. Continue reading
Aug 22 Watch 6:25 Why skyrocketing federal debt will mean the next recession is harder to overcome The Congressional Budget Office says the U.S. deficit is reaching its highest levels since the end of World War II, when considered as a share of the total economy. In the next decade, it's projected to grow by $800 billion… Continue watching