Is Europe On The Brink Of Recession?
The latest economic numbers from the U.S. suggest the American economy is still booming. But while the U.S. has been mostly immune to an economic slowdown in Europe, it may not be able to shrug off a full-fledged economic recession. read more.....»»
U.S. home sales hit 13-year high; coronavirus disruption looms
U.S. home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the coronavirus pandemic, which has unleashed a wave of layoffs and left the economy teetering on the brink of a recession......»»
Europe Markets: European stocks and U.S. equity futures climb after a week of big spending by global central banks and governments
European stocks and U.S. equity futures climbed on Friday, after a week that has seen global central banks and governments pour on firepower against coronavirus, which is threatening to send the world into a recession......»»
Tuesday"s Market Minute: Airlines Spiral During Outbreak
Yesterday, President Trump said that coronavirus could cause a U.S. recession, and that the outbreak could still be around even through August. What does this mean for airline companies? The U.S., Europe.....»»
What to Know About Recessions, as Virus Threatens One
The rapidly spreading coronavirus threatens the health of world economies, too. The odds of a U.S. recession within the next year are at the highest level since the end of the last downturn in 2009. Germany, the economic engine of Europe, and the.....»»
Stocks plunge as travel ban stuns Wall Street
The S&P 500 and Nasdaq joined the Dow in bear market territory after a White House decision to institute a travel ban from Europe stoked fear the coronavirus pandemic could lead to a global economic recession. Conway G. Gittens reports......»»
Wall Street enters bear market as Europe travel ban stuns investors
The S&P 500 and the Nasdaq cratered into a bear market on Thursday as a shock move by President Donald Trump to suspend travel from Europe rattled investors already shaken by fears of a global recession on the back of a coronavirus pandemic......»»
Facing recession, Europe grasps for ways to limit damage
Expectations have grown that European Central Bank officials will announce more monetary stimulus when they meet Thursday, after the Bank of England acted Wednesday and the U.S. Federal Reserve last week......»»
Wall Street bounces back as stimulus hopes soothe recession fears
Wall Street roared back to life on Tuesday, rebounding from the brink of bear market confirmation as bargain-hunting and hopes of government stimulus calmed investors' fears surrounding the coronavirus and growing signs of imminent recession......»»
Wall Street rebounds sharply on hopes of stimulus
Wall Street roared back to life on Tuesday, rebounding from the brink of bear market confirmation as bargain hunting and hopes of government stimulus calmed investors' looming fears surrounding the coronavirus and growing signs of imminent recession......»»
Futures trampled by oil shock, virus fears
U.S. stock index futures plunged 5% on Monday to hit a daily trading limit, as global recession fears were amplified by a 25% slump in oil prices and the relentless march of the coronavirus across the United States and Europe......»»
Key Words: It’s just going to get worse for the economy, Pimco warns
Joachim Fels said both the U.S. and Europe face the “distinct possibility†of a technical recession in the first half as investors flock to safe havens amid the continuing spread of the coronavirus......»»
Europe Markets: European stocks, U.S. futures fail to hold early gains as correction continues
European stocks failed to hold early gains Monday, as hopes that central banks across the world will deliver interest-rate cuts weren’t enough in the face of recession worries that have rattled markets......»»
Coronavirus could push the world to the brink of a global recession, investors warned
Coronavirus and heightening geopolitical and trade tensions can be expected to drive the world to the brink of a global recession this year. Investors must... The post Coronavirus could push the w.....»»
Nomura"s Call For Recession In Italy Suddenly Doesn"t Look So "Aggressive"
Nomura's Call For Recession In Italy Suddenly Doesn't Look So 'Aggressive' One week ago, a team of analysts at Nomura research covering the Europe.....»»
French Tourism Crashes By 35% Amid Virus Outbreak; Europe On Recession Watch
French Tourism Crashes By 35% Amid Virus Outbreak; Europe On Recession Watch French Minister of Economy and Finance, Bruno Le Maire, .....»»
Japan on brink of recession as economy contracts, virus heightens risk
Japan's economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China's coronavirus outbreak chills global activity......»»
Biggest German industry slump in decade revives recession fears
German industrial output suffered its biggest fall in December since the recession-hit year of 2009, a shock drop highlighting the weakness in manufacturing that risks dragging Europe's largest economy into contraction again. Julian Satterthwaite reports......»»
Exclusive: German exports to United States jump despite trade tensions
Strong German exports to the United States helped Europe's largest economy to avoid a recession in the third quarter, data showed on Thursday, as companies benefited from a weaker euro and trade diversion linked to the U.S.-China tariff dispute......»»
Germany escapes recession in Q3 (just)
Germany - Europe's largest economy - narrowly avoided an expected slip into recession in the third quarter. David Pollard reports......»»