U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession. All three major U.S. stock indexes started the week in the red, with few earnings ...
Japan downgrades prospects for economy due to China-U.S. trade war
The government downgrades its assessment of the economy, citing a slowdown in China’s economy and the ongoing China-U.S. trade war.
Japan's fourth-quarter GDP upgraded, but business conditions index continues downtrend
Japan's economy grew an annualized real 1.9 percent in the October-December period, upgraded from preliminary data thanks to an upswing in capital expenditure, the government said Friday. The reading showed the world's third-largest economy had rebounded after a string of natural disasters caused a contraction ...
Bolsonaro says Brazil must reform or it will become the next Venezuela
Brazilian President Jair Bolsonaro pledged swift and sweeping measures to fix the economy and ward off what he said was a risk that Latin America's largest nation turns into a Venezuela-style regime. Plans to sell a large number of state-owned companies are nearly ready, and ...
'Fork in the road': Top U.S. grocer says America's nervous about economic future
America's biggest supermarket chain is seeing signs that U.S. shoppers are getting nervous about the future. "It's fascinating right now from a customer standpoint. They feel incredibly good about the economy but very nervous about where things are headed," Kroger Co. Chief Executive Officer Rodney ...
Grim start: Treasury yield curve, market's favorite recession indicator, flattens
Traders return to their desks in the new year with a familiar warning signal flashing even more strongly than before — the Treasury yield curve got even flatter, feeding the market's worst suspicions about the U.S. economy. Market watchers noted a dramatic compression in what ...
Credit card trends aren't signaling a U.S. recession, analysts assure
November data reported by credit card issuers like American Express Co. and Capital One Financial Corp. may soothe some concerns about an impending recession and credit deterioration, analysts said. Those worries have been contributing to stock market swings in recent weeks, but the latest ...
Trump's self-inflicted economic damage could cause Fed to pause as investors chill
President Donald Trump may get the Federal Reserve interest rate-hike pause he wants as his attacks on the Fed and the government shutdown roil stock markets and shave 2019 forecasts for economic growth. The S&P 500 fell 2.7 percent on Christmas Eve, bringing U.S. stocks ...
'Like catching a falling knife': Markets suffer worst year since global financial crisis
Traders will be glad to see the back of 2018. Nearly $7 trillion has been wiped off world stocks, emerging markets have been trampled flat by a charging dollar and even gold and U.S. government bonds have lost money. A grisly combination of U.S.-China trade ...
Was the Great Recession worse than the Great Depression?
Taking a look at more than just the jobless rate, it may have been, according to one economist.
Legacies of the financial crisis
We can no longer rule out the possibility of another great depression.
Millionaires jumping ship yet another symptom of Brazil's woes
Two thousand Brazilian millionaires left the country in 2017, according to the New World Wealth, a global market research group based in Johannesburg. For the third year in a row, Latin America's largest economy featured in the top ten of countries ranked by the outflow ...
