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The US faces ‘L-shaped’ recession as Fed scrambles to tame inflation: analyst
The US economy will likely have to stay in recession for longer than anticipated in […]
Mortgage rates fall sharply after negative GDP report and latest Fed hike
Just one day after the Federal Reserve raised its benchmark rate, mortgage rates took a […]
Apple and Amazon’s Tech Strength Gets Bulls Buying Despite Recession on the Radar
Apple and Amazon added about $175 billion to their combined market value after upbeat results boosted investor confidence […]
Walmart’s profit warning is a sign of trouble for global retailers.
A profit warning by WalMart, its second in the last two-and-half months, that led to […]
US economy contracts again in the second quarter; jobless claims fall
WASHINGTON: The US economy contracted again in the second quarter amid aggressive monetary policy tightening from the […]
Small businesses cutting spending as they prepare for the worst
Rising costs impact all parts of the economy, but small businesses (particularly those who operate […]
Inflation is a big problem for small businesses
Inflation is hitting small businesses hard right now—data from MetLife and the U.S. Chamber of […]
