Recession

Goldman: Recession Seems Less Likely After Jobs/Sales Reports

Goldman: Recession Seems Less Likely After Jobs/Sales Reports
Goldman: Recession Seems Less Likely After Jobs/Sales Reports
August 18, 2024  |  Economy

Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. As Bloomberg News reported Saturday (Aug. 17), the banking giant now gives an...

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Fed Governor: Inflation Still at ‘Uncomfortable’ Level
Fed Governor: Inflation Still at ‘Uncomfortable’ Level
August 11, 2024  |  Economy

Despite some progress, Federal Reserve Governor Michelle Bowman says inflation remains “uncomfortably above” 2%. “Should the incoming data continue to show that inflation is moving...

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Maersk: Demand for Shipping Shows No Signs of Potential Recession
Maersk: Demand for Shipping Shows No Signs of Potential Recession
August 07, 2024  |  Shipping

Contrary to widespread worries about a potential economic slowdown, shipping giant Maersk has reportedly seen no signs of a U.S. recession. Judging by the demand for...

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Employment Trends Index Points to Gloomier Times Ahead for Already-Stretched Households
Employment Trends Index Points to Gloomier Times Ahead for Already-Stretched Households
August 05, 2024  |  Economy

On a day when a stock market rout promised to become a full-fledged bloodbath, and as recession fears mounted, the latest spate of economic data...

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JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
April 23, 2024  |  Economy

JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon...

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Dimon Says Commercial Real Estate Owners Are Handling Stress
Dimon Says Commercial Real Estate Owners Are Handling Stress
February 26, 2024  |  Real Estate

JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those...

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Economists Trade Recession Predictions for ‘Growth Stop’ Warnings
Economists Trade Recession Predictions for ‘Growth Stop’ Warnings
January 14, 2024  |  Economy

The good news: Economists are less confident the U.S. will see a recession. The less good news: They also expect the economy to grow at...

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Analysts and Money Managers Divided on Economic Growth Prospects 
Analysts and Money Managers Divided on Economic Growth Prospects 
December 20, 2023  |  Economy

As 2024 approaches, analysts are reportedly reassessing their predictions for a U.S. recession that had been anticipated for the past two years.  While investment bank...

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