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Latest Articles in recession
Oil Prices End Week On Multi-month Lows On Recession Fears
Oil traders this week have fretted about inflation, economic growth and demand, but signs of tight supply kept a floor under prices
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Oil Prices Slip As Weak Manufacturing Data Stokes Recession Fears
Oil prices edged lower on Tuesday, extending losses from the previous session, as investors worried about global oil demand following weak manufacturing data in several countries
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The Evolving Face Of Finance
Finance has had an impact across sectors, ranging from retail, fintech, energy, etc
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Global Recession Drum Beat Is Getting Louder
Sharply higher interest rates, red-hot inflation and a prolonged energy crisis are leading to conviction that the world economy is headed inexorably towards recession
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India Has Zero Probability Of Slipping Into Recession: Survey
Economists also raised their expectations for a chance of recession in New Zealand, Taiwan, Australia and the Philippines to 33%, 20%, 20% and 8%, respectively
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Major Economies To Suffer From Recession In Upcoming Year: Report
According to Nomura Holdings Inc's report, many major economies will experience recession in the coming year due to rising living costs
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Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession Fears
Brent crude futures were up USD 3.96, or 3.9 per cent, at USD 104.65 a barrel. U.S. WTI crude futures climbed USD 4.20, or 4.3 per cent, to USD 102.73 a barrel
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Gold Slips On Dollar Gains, Clings Above $1,800 On Recession Risks
Minutes of the Federal Reserve's latest policy meeting and U.S. non-farm payroll numbers will be scanned this week for indications on the pace of policy tightening
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Oil Prices Reverse Losses, Gain On Tight Supply Concerns
Traders will be watching out for official prices for August from top oil exporter Saudi Arabia for signs of how tight the market is, with refiners bracing for another sharp increase close to the record set in May
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IMF Sees US Economy Narrowly Avoiding Recession In 2022 and 2023
The Fund, while acknowledging price pressures in America going beyond energy and food prices, suggested the Biden administration to roll back tariffs that have been placed on aluminium, steel and a range of Chinese goods over the past five years
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Global Central Banks Face An Uneasy Crowd
Managing inflation is core to a central bank's mission, and from major players like the U.S. Federal Reserve and the Bank of Japan to regional institutions like the Bank of Canada and the Reserve Bank of Australia, recent events have dealt a blow to their credibility as they play catch up with policy and, in the process, raise the likelihood of recession
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Elon Musk Signals At A Possible Recession For The Auto Industry
If the world's largest EV company warns on jobs and the economy, investors should reconsider their forecasts on margins and top-line growth, says Morgan Stanley analyst, Adam Jonas
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Recession In India: A Myth Or Upcoming Reality
India's growth story had been receiving enthusiasm globally amid constraints like Covid-19, chip shortages, geopolitical conflict, rising commodity prices, container shortages and significant shipping and logistics issues, says Union Minister Piyush Goyal
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Musk Says Tesla Needs To Cut Staff By 10%, Pauses All Hiring
Musk's stark warning of a potential recession and the knock-on effect for automakers is the most direct and high-profile forecast of its kind in the industry
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Germany Faces Deep Recession If Russian Gas Supplies Are Cut: Economist
Last month, Russia's Gazprom cut Poland and Bulgaria off from its gas for refusing to pay in roubles, and threatened to do the same to others, raising fears that it could take similar action against Germany
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