Bitcoin is moving, world’s economy stays
On the day the US President Donald Trump announced tariffs on more than $300 billion worth of Chinese goods, he unknowingly woke up a bullish trend in a completely unrelated […]
economy
Morgan Stanley: Tariffs could push towards US recession
The U.S. economy could fall into a recession if the country’s trade war keeps escalating, Morgan Stanley’s Michael Wilson said Monday. Wilson, the bank’s chief U.S. equity strategist, told clients […]
US economy is growing
The economic expansion that began in the Obama years, mostly thanks to the Federal Reserve, has contined to rage on in the Trump years. This time thanks to the Fed, […]
Goldman Sachs CEO isn’t worried about US recession
Goldman Sachs Chief Executive David Solomon said Wednesday that the chances of the U.S. economy soon entering a recession are lower now than they were earlier this year. “I don’t […]
Turkey set worst results since 2009
Turkey’s economy entered its first recession in a decade, official data showed on Monday, just weeks before President Recep Tayyip Erdogan’s government faces local elections where growth and inflation will […]
US recession is near, survey reveals
The US economy is likely to fall into recession by 2021, according to the latest survey from the National Association for Business Economics (NABE), released Monday morning. The NABE survey, […]
EU slashes euro zone growth economy
European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to “large uncertainty” from slowing growth in […]
IMF cuts GDP forecast over global tensions
The US-China trade confrontations, Brexit and other uncertainty are threatening to drag down global growth even further, the International Monetary Fund warned Monday. In an update to its global economic […]