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Tag: U.S. economy

A man carries his shopping bags during the holiday season in New York City, U.S., December 10, 2023. REUTERS/Eduardo Munoz/File Photo

US economy shrugs off recession prediction with strong fourth-quarter performance

The U.S. economy grew faster than expected in the fourth quarter and shrugged off dire predictions of a recession.

Read More US economy shrugs off recession prediction with strong fourth-quarter performance
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

Market bets for 2024 thrown into chaos by US recession conundrum

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.

Read More Market bets for 2024 thrown into chaos by US recession conundrum
An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US economy grows 5.2% in third quarter; higher interest rates sapping momentum

The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.

Read More US economy grows 5.2% in third quarter; higher interest rates sapping momentum
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. - Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic.Just after the opening bell, the S&P 500 was at 2,490.47, a drop of 8.1 percent and beyond the seven percent loss that automatically triggers a 15-minute trading halt. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO

GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.

Read More GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO
German Economy Minister Peter Altmaier holds a paper with a graph of the gross domestic product (GDP) as he arrives for a press conference to present the annual economic report for Germany, in Berlin on January 27, 2021. - The German government said on January 27 it expected Europe's top economy to grow by three percent this year, less than previously forecast, as longer virus shutdowns slow the pandemic recovery. (Photo by Odd ANDERSEN / various sources / AFP) (Photo by ODD ANDERSEN/POOL/AFP via Getty Images)

One-on-one with David Stryzewski, CEO, Sound Planning Group

The U.S. economy grew slower than expected in the first quarter of this year.

Read More One-on-one with David Stryzewski, CEO, Sound Planning Group
381078 12: The city of San Jose sprawls through California's Silicon Valley April, 2000 in San Jose, CA. San Jose is experiencing a boom due to the large number of high-tech companies in the region, which is known as Silicon Valley. (Photo by David McNew/Newsmakers)

Experts warn of a deeper recession in America

A rising number of economists are warning that the U.S. economy may face a broader crisis as a result of the collapse of the Silicon Valley Bank.

Read More Experts warn of a deeper recession in America

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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