RECESSION – Page 4 – One America News Network

NEW YORK, NEW YORK - AUGUST 06: Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Stocks opened up slightly up in the three major indexes a day after the Dow Jones and the S & P 500 had their worst day of trading since 2022, amid a global market sell-off centered around fears of a U.S. recession. (Photo by Michael M. Santiago/Getty Images)

Wall Street Makes A Comeback: Dow Jumps Over 500 Points After Monday’s Horrific Stocks Day

Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.

NEW YORK, NEW YORK - AUGUST 05: Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. The Dow fell over 1000 points in morning trading as global stocks plunged following fears of a recession in the American and Japanese economies. (Photo by Spencer Platt/Getty Images)

Wall Street Disaster: Dow, Nasdaq Nosedive As Recession Fears Cause Global Sell-Off

Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.

A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022. US employers added 390,000 jobs last month, the government reported on June 3, 2022, a sign of a slowdown in hiring but still a better-than-expected result. The jobless rate held steady at 3.6 percent for the third consecutive month, just a tenth of a point above the pre-pandemic level of February 2020, the Labor Department said. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%

U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.

NEW YORK, NEW YORK - JUNE 07: A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. A jobs report for the month of May released by Labor Department showed that the U.S. added employers added 272,000 nonagricultural jobs and also reported that the unemployment rate rose to 4 percent for the first time in more than two years. (Photo by Michael M. Santiago/Getty Images)

Unemployment Claims Increase To Highest Level Since September 2023

A new report has revealed that the number of jobless claims has reached the highest in 10 months.

A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US inflation ebbs in May as goods prices fall

U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.

LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still suffering large losses as the global banking crisis continued. (Photo by Peter Macdiarmid/Getty Images)

Consumer Confidence Slips in June, Signals Economic Concerns

Consumer confidence dropped in June. The Conference Board’s report released today showed a decline to 100.4, down from 101.3 in May. Meanwhile, the Expectations Index also decreased to 73, compared to 79.4 last month. An index lower than 80 historically signals an impending recession. Mindy McIntosh, Founder & CEO of McIntosh & Associates, joins Alicia Summers to discuss these latest numbers.