You Searched For "global economic downturn" and got 20 results
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2 mins read
You're not alone, nearly 80% of workers are worried about losing their job during a recession
Over 50% of American workers said they aren't financially prepared for a recession, nor know how to…
Britney Nguyen
1 min read
The risks of a prolonged period of inflation and a global economic downturn are rising, and stocks could fall another 14% by mid-2023, S&P Global says
"Monetary tightening beyond current expectations could lead to a deeper-than expected recession," S…
Jennifer Sor
2 mins read
Economic optimism at Davos is 'bizarre' and a prolonged downturn is more likely, says Cloudflare CEO
Cloudflare's CEO said it's "the worst economic conditions that we've seen in the history of Cloudfl…
Britney Nguyen,Cadie Thompson
2 mins read
The odds of a global recession keep going down
A slate of economic indicators point to accelerating growth at the start of 2024, and supply chain …
Phil Rosen
2 mins read
50% of companies planning job cuts amid economic downturn: Report
At least half of the companies worldwide are planning to lay off people, most are reducing bonuses …
4 mins read
How to tell if you're likely to get laid off during the economic downturn
Amid all the hiring freezes and layoffs, people are beginning to worry: Am I next? We outline the f…
Matt Turner,Jordan Parker Erb…
2 mins read
TCS revenue growth to slowdown in FY24: Fitch Ratings
Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited's (TCS) reven…
4 mins read
3 warning signs that the US economy could be headed for a downturn this year
The economy is nearing a full recovery to pre-pandemic health, but it might not feel that way for s…
Ben Winck
2 mins read
Russia's war in Ukraine is the biggest culprit pulling the global economy into a downturn, IMF chief says
The fallout from the Ukraine conflict has been "the single most important negative factor" for the …
George Glover
2 mins read
The most likely economic scenario is a 'boil the frog' recession featuring a synchronized global hard landing in 2024, JPMorgan says
JPMorgan says there's a 23% chance the US avoids recession altogether. But its highest-probability …
Jennifer Sor
3 mins read
India tops global remittance charts at $125 billion in 2023: World Bank report
According to the World Bank, the report highlights India's significant position as the top remittan…
ANI
3 mins read
Recession alarms are blaring louder than in 60 years, but it doesn't mean a downturn is a given, UBS says
There's a 40% chance the US enters a recession in the next 12 months, the bank said. Even if a down…
Ben Winck
4 mins read
China's plan to seize on global chaos and supplant the US may be working
Biden and Xi will attempt to find common ground on the sidelines of the APEC summit in San Francisc…
Tom Porter
2 mins read
A top strategist says investors should stay in stocks hit hardest by the pandemic despite recent painful downturn
Fundstrat's Tom Lee said cyclical stocks will see strong earnings in 2021 once the US sees stimulus…
Emily Graffeo
1 min read
Stocks are more attractive than bonds 'any day of the week' as yields are still too low, Leon Cooperman says
"I'd rather be in a common stock than I would be in a bond any day of the week, given the relative …
Brian Evans
11 mins read
It’s official: The era of China’s global dominance is over
China has reached the end of its economic boom. What comes next should worry every American busines…
Linette Lopez
2 mins read
Citi warns these key tech stocks are facing their worst downturn since the dotcom bust - and that's a red flag for the global economy
The Philadelphia Semiconductor Index has plunged 27% in 2022, and there's likely further pain ahead…
George Glover
2 mins read
There's now a 98% chance of a global recession - which signals a severe downturn and more downside risk for stocks, research group says
The only other times the indicator has been this high was during the pandemic downturn of 2020 and …
Phil Rosen
2 mins read
Why the biggest global boom since World War II won't be good for everyone, according to the World Bank
The global economy is set to grow 5.6% in 2021, but developing economies are falling behind due to …
Ben Winck
1 min read
Ark Invest's Cathie Wood says China's wide-ranging clampdown will lead to an economic downturn for the country
"I really do think that the policymakers in China are beginning to play with fire," Cathie Wood sai…