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Is The Economy Headed Toward a Slowdown?

Markets yesterday closed.....»»

Category: economySource: nasdaqJun 12th, 2019

Metals Stocks: Gold heads for a 4th straight session gain as dollar slumps and corporate earnings get under way

Gold futures on Tuesday headed higher, gaining support from concerns about weakness in the global economy as well as corporate quarterly results due the cessation of business activity intended to stem the spread of COVID-19......»»

Category: topSource: marketwatchApr 14th, 2020

Metals Stocks: Gold price aims for 9-year high as dollar slump and corporate earnings get under way

Gold futures on Tuesday headed higher, gaining support from concerns about weakness in the global economy as well as corporate quarterly results due the cessation of business activity intended to stem the spread of COVID-19......»»

Category: topSource: marketwatchApr 14th, 2020

An unusual financial-crisis-era tactic designed to avoid layoffs is reemerging as coronavirus freezes the economy. Here"s why it could make a recovery take a lot longer.

REUTERS/Manuel Silvestri Salary cuts — last seen during the global financial crisis in 2008 — are back as companies try to cut costs as the coronavirus pandemic drives an economic slowdown. While the move keeps workers .....»»

Category: topSource: businessinsiderApr 11th, 2020

Fed"s Kaplan sees U.S. growth returning in second half, but consumers staying cautious

The U.S. economy is headed for a return to growth in the second half of the year after a steep decline this quarter, Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday......»»

Category: topSource: reutersApr 8th, 2020

JPMorgan Chase CEO: US headed for "bad recession" but can emerge from coronavirus crisis stronger

Jamie Dimon said the U.S. economy is headed for a "bad recession," but reinforced the bank.....»»

Category: topSource: usatodayApr 6th, 2020

Market Extra: Stock market is headed for choppy waters amid worries that a return to normal will elude the U.S. economy

In some corners of Wall Street, investors are casting doubt on the notion that the economy will switch back to high gear after the coronavirus pandemic passes......»»

Category: topSource: marketwatchApr 4th, 2020

Stocks poised for a muted open after US reports job losses in March

U.S. stocks headed for a lower open Friday after jobs gains came to a sudden halt in March as a result of layoffs and a hiring slowdown from coronavirus pandemic.....»»

Category: topSource: usatodayApr 3rd, 2020

Brazil headed for "whatever it takes" QE as coronavirus crash looms

Brazil's central bank could soon be forced to fire up the money printing presses if the coronavirus-fueled recession facing Latin America's largest economy is as devastating as some economists fear......»»

Category: topSource: reutersMar 27th, 2020

Fed has thrown everything at coronavirus slowdown: El-Erian

The Federal Reserve has committed to doing whatever it takes to support the U.S. economy in the wake of the COVID-19 pandemic......»»

Category: topSource: foxnewsMar 24th, 2020

Stocks crater as investors fear the global economy is headed for a virus-fueled recession

Stocks tumbled Monday as fears of a coronavirus-fueled recession grow and the Fed took emergency action to try to cushion the econom.....»»

Category: topSource: usatodayMar 16th, 2020

Dow ends around 3,000 points lower; Nasdaq sees worst day ever

Stocks extended deep losses ahead of the closing bell after President Donald Trump said the U.S. economy "may be" headed for recession and that the CO.....»»

Category: topSource: marketwatchMar 16th, 2020

Coronavirus outbreak to cause sharp contraction in US economy: Goldman Sachs

The National Bureau of Economic Research would likely classify the sharp slowdown as a recession, Goldman Sachs says......»»

Category: topSource: foxnewsMar 16th, 2020

Oil slumps below $30-per-barrel as coronavirus spreads, OPEC rancor remains elevated

Oil prices fell below $30 a barrel on Monday as the worldwide coronavirus outbreak worsened over the weekend, leading governments and businesses to shut down as the global economy appeared to be headed toward certain recession......»»

Category: topSource: reutersMar 16th, 2020

BlackSand Capital, CEO to take pay cuts, give to coronavirus relief

B.J. Kobayashi told PBN that his company’s cuts will continue each pay period until the economy is past the fears of a global slowdown caused by the spread of the coronavirus......»»

Category: topSource: bizjournalsMar 12th, 2020

Stocks pull back as investors digest Trump"s ideas to steady economy

Investors are evaluating Trump's economic ideas to combat coronavirus fueled slowdown......»»

Category: topSource: foxnewsMar 10th, 2020

Pizza Deliverers Are Doubly Exposed to the Coronavirus

A public-health crisis combined with an economic slowdown is not good for “the precariat” of the gig economy.....»»

Category: topSource: washpostMar 10th, 2020

"Headed for permanent recession": Paul Krugman sounds the alarm after Treasury yields tumble and interest rates plunge

Reuters/Tim Shaffer Investors expect the US economy to suffer a prolonged downturn, Paul Krugman argued on Monday. "Mr Market is basically saying that we're headed for permanent recession," the Nobel Memorial Prize-winning economist.....»»

Category: topSource: businessinsiderMar 10th, 2020

Japan"s economy shrinks 7% in last quarter, risks recession

Fears are the world's third largest economy could be headed to a recession.....»»

Category: topSource: foxnewsMar 9th, 2020

Russia Reportedly Rejects Further OPEC-Backed Oil Production Cuts

OPEC and its non-OPEC members (OPEC+) have failed to agree on further cuts to oil production as a response to the slowdown in the global economy due to the coronavirus outbreak. Russia now looks like........»»

Category: blogSource: 247wallstMar 6th, 2020

Fed cuts rates to blunt coronavirus impact, markets drop

The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world's largest economy from the impact of the coronavirus, but the emergency move failed to comfort U.S. financial markets roiled by worries about a deeper, lasting slowdown......»»

Category: topSource: reutersMar 3rd, 2020