Recession

Carvana Expects Used Car Industry to Remain Challenging in 2023

Carvana Expects Used Car Industry to Remain Challenging in 2023
Carvana Expects Used Car Industry to Remain Challenging in 2023
November 03, 2022  |  eCommerce

Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....

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EU Consumers Tighten Belts as Cost of Living Rises
EU Consumers Tighten Belts as Cost of Living Rises
October 30, 2022  |  Economy

Rising interest rates and energy costs have forced consumers in Europe to start reducing their discretionary spending. Get the Full Story Complete the form to...

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The ‘Wealth Effect’ Takes a Hit as Highest Earners Start Fearing Recession
The ‘Wealth Effect’ Takes a Hit as Highest Earners Start Fearing Recession
October 13, 2022  |  Economy

On a day when headline inflation reports showed prices increases stubbornly staying about 8%, a deeper dive into the impact that figure is having on...

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Retailers Scramble for Every Conversion as JPMorgan’s Dimon Highlights Looming Recession
Retailers Scramble for Every Conversion as JPMorgan’s Dimon Highlights Looming Recession
October 11, 2022  |  Retail

If it was anybody other than the CEO of the nation’s largest bank, it would be easier to ignore. But when J.P. Morgan’s Jamie Dimon...

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JPMorgan’s Dimon Says Recession Could Happen In 2023
JPMorgan’s Dimon Says Recession Could Happen In 2023
October 10, 2022  |  Economy

JPMorgan CEO Jamie Dimon has said there’s likely to be a global recession by the middle of 2023 due to a confluence of “very, very...

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12% of SMBs Concerned They Won’t Survive Past 2024
12% of SMBs Concerned They Won’t Survive Past 2024
October 03, 2022  |  SMBs

There’s an oft-repeated quip in business circles that says, “If you’ve managed to survive this long, you’re probably going to last.”  Get the Full Story...

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Data Brief: 62% of Consumers Still Expect Recession, Despite Easing Inflation
Data Brief: 62% of Consumers Still Expect Recession, Despite Easing Inflation
September 20, 2022  |  Consumer Finance

With the U.S. dollar worth only about 88 cents in real terms under inflation pressures of 2022, consumers are clearly fatigued by the affordability battle...

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Data May Show US Economy Shrank for Second Straight Quarter
Data May Show US Economy Shrank for Second Straight Quarter
July 26, 2022  |  Economy

With the possibility of a Thursday (July 28) report showing the U.S. economy shrank for the second straight quarter, the Biden administration is getting in...

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