You Searched For "world bank recession" and got 15 results
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2 mins read
No recession risk regardless of who wins the White House, says Blackstone's Steve Schwarzman
Blackstone CEO Steve Schwarzman said the US economy looks robust and both Donald Trump and Kamala H…
Theron Mohamed
2 mins read
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
3 mins read
Meet the billionaires battling it out in the 2024 World Series
The Dodgers and Yankees are two of the most valuable franchises in the MLB — and prove that sports …
Madeline Berg
2 mins read
Why a majority of Americans think the economy is already in a recession
Three of five Americans surveyed by Affirm say the US is in a recession. On average, most think it …
Filip De Mott
2 mins read
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…
Filip De Mott
3 mins read
The US economy may be barrelling towards stagflation, an outcome worse than recession
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…
Filip De Mott
4 mins read
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this qua…
Hayley Cuccinello,Emmalyse Br…
3 mins read
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
1 min read
America's 'cardboard-box recession' is finally over, BofA says
Demand in the cardboard packaging industry is recovering, putting an end to an under-the-radar rece…
Filip De Mott
4 mins read
The yellow metal will continue to sparkle in the new year
Optimism for early Fed rate cuts in 2024 weakened the dollar and bonds, sending gold prices soaring…
2 mins read
Dow crashes 1,000 points and the Nasdaq loses 3% as recession fears fuel market panic
A surprise interest rate hike from the Bank of Japan last week sparked a series of margin calls tha…
Matthew Fox
3 mins read
A portfolio manager at a $21 billion firm warns the odds of a recession have risen to 40% from 20% as inflation and geopolitical concerns surge — and shares where he's investing
As Goldman decreases its recession odds, portfolio manager Zehrid Osmani is increasing his from 20%…
Christine Ji
2 mins read
Global economy dangerously close to a recession: World Bank
"We've lowered our 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth, t…
2 mins read
Recession will strike this year with 21 states flashing red already, top economist says
When unemployment jumps in nearly half of US states, a recession almost always follows, Piper Sandl…
Theron Mohamed
2 mins read
The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
"Two years ago, workers who lost their jobs could simply walk across the street to find new work. T…