23 US states slide into recession as economy struggles
Moody's chief economist Mark Zandi reveals nearly half of US states are in recession territory. Discover how California and New York hold the key to America's economic fate amid AI uncertainty.
Category : Search result: technical recession
UK economy grows 0.1%, tax hikes loom to avert crisis
The UK economy is stalling with growth of just 0.1%. Chancellor Rachel Reeves faces tough tax decisions to avoid a market meltdown. Can the government find a path to recovery?
US Stocks Plunge Amid Widespread Layoffs and Hiring Freezes
Wall Street faces dramatic sell-off as employment data reveals widespread hiring freezes and rising layoffs across major US corporations, sparking recession fears.
Gabby Logan's BBC show halted by technical meltdown
BBC presenter Gabby Logan's live sports programme was thrown into chaos when a major technical failure forced production to be halted mid-broadcast, leaving viewers confused.
Canada's recession budget imposes austerity measures
The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan
UK business activity hits 7-month low amid manufacturing slump
Britain's private sector hits weakest growth since November as manufacturing contraction and service sector slowdown signal economic headwinds ahead.
UK Economic Storm: Energy and Mortgage Crisis Deepens
Millions of British families face financial turmoil as energy prices skyrocket and mortgage costs escalate, creating a perfect storm for household budgets. New government data reveals alarming trends that could push the UK toward recession.
Bank of England Holds Rates Amid Recession Concerns
The Bank of England holds interest rates at 5.25% as Britain faces recession warnings and economic uncertainty. Get the latest on inflation, energy prices, and what it means for your finances.
Chalmers' economic mistake threatens Australian recession
Exclusive analysis reveals how Jim Chalmers' economic strategy is backfiring, creating a perfect storm of inflation and stagnation that could plunge Australia into recession. Experts warn of dire consequences for households and businesses.
UK economy stagnates with zero growth in April
Britain's economic growth flatlined at 0.0% in April, missing analyst forecasts and raising concerns about the strength of the recovery. Services and production sectors showed modest gains while construction output fell significantly.
Subprime Lender Collapse Sparks 2008 Crisis Fears
Major US subprime lender files for bankruptcy protection, triggering alarm bells across financial markets and reviving memories of the 2008 global banking meltdown.
Amazon Cloud Crisis Sparks UK Recession Fears
A catastrophic failure in Amazon Web Services has plunged businesses into chaos, with experts warning the widespread disruption could trigger a UK recession. Discover how the cloud computing collapse is affecting everything from banking to retail.
UK Economy Stagnates with Zero Growth in April
Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.
UK economy grows 0.6% in Q1 2024, beating forecasts
Britain's economy grows at fastest pace in over two years with 0.6% expansion, beating expectations and marking strong recovery from recession. Services sector leads growth while Chancellor celebrates 'brighter economic outlook'.
Dimon: Worst economic crisis since WWII could be coming
Wall Street banking titan Jamie Dimon warns of potentially devastating economic storms ahead, citing persistent inflation and geopolitical tensions as major threats to global stability.
JPMorgan CEO Warns: Stock Market Crash Looms
JPMorgan Chase CEO Jamie Dimon delivers sobering assessment of global economy, warning investors of potential market crash and multiple economic threats ahead.
Dimon: Cockroaches Infesting Global Economy
JPMorgan Chase CEO Jamie Dimon delivers sobering economic forecast, warning of hidden vulnerabilities and market instability ahead. Discover what the banking titan means by 'cockroaches in the economy' and why investors should prepare for turbulence.
Global Poll: Majority Fear Catastrophic Stock Market Crash
Exclusive research reveals overwhelming public belief that world markets are heading for catastrophic crash, with economic experts warning of perfect financial storm.
UK economy stalls with zero GDP growth in August
Britain's economic recovery hit a roadblock in August with zero GDP growth, casting shadows on Chancellor Rachel Reeves' upcoming budget amid IMF growth downgrade warnings.
UK Economy Stalls with Zero GDP Growth in August
Britain's economic recovery hit a roadblock in August with zero growth, raising concerns about the nation's financial resilience amid ongoing challenges.
UK economy flatlines with zero GDP growth in April
Britain's economic recovery hit a roadblock in April with zero growth, raising concerns about the strength of the UK's post-pandemic rebound amid ongoing cost of living pressures.
UK Economy Grows 0.2% in January Amid Sector Divergence
New ONS data reveals Britain's economy grew by 0.2% in January, driven by strong performance in services while manufacturing continues to struggle amid ongoing economic challenges.
Expert: US Economy Could Face Worst Crisis Since Great Depression
Prominent financial journalist Andrew Ross Sorkin expresses grave concerns about America's economic trajectory, drawing alarming parallels to the 1930s depression era amid current market uncertainties.
IMF Warning: Global Economy Faces Perfect Storm
IMF Managing Director Kristalina Georgieva warns of multiple economic dangers converging simultaneously, urging nations to prepare for turbulent times ahead as growth forecasts darken.
Germany Faces Recession Fears as Economy Shows Strain
Germany faces mounting economic challenges as industrial output declines and business confidence wanes, sparking concerns about Europe's largest economy entering a recession phase.
JPMorgan CEO Dimon Issues Recession Warning
JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.
UK Service Sector Growth Hits 7-Month Low
Britain's service sector growth hits weakest pace since January amid falling new orders and rising costs, sparking recession concerns.
FTSE 100 Plummets Amid UK Economic Contraction
London's blue-chip index suffers significant losses amid shock GDP contraction and global market turbulence. Expert analysis on the economic outlook.
FTSE 100 Plummets as UK Economy Shows Strain
London's FTSE 100 index faces significant losses amid economic stagnation fears and global market uncertainty. Expert analysis reveals what's next for UK investors.
UK economy grows 0.2% in January, beating expectations
Britain's economy delivered an unexpected boost in January with GDP growing 0.2%, driven by strong retail and construction performance, though challenges remain ahead.
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