recession - Page 12

CFOs suddenly have a very dire outlook for the U.S. economy over the next two years.

South Africa slid into an official recession Tuesday. The main culprit was a sharp contraction in the agricultural sector, which has been under political assault this year as the ruling African National Congress has pledged “expropriation without compensation.”

California Governor Jerry Brown warned on Monday — again — about the “inevitable recession” he has predicted for years.

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher responded to the controversy over his earlier comments that a recession would be worth going through if it undermined President Trump’s popularity by stating his critics should “take a course in

California’s birth rate fell in 2016 to its lowest level in history in 2016, according to a new report by the California Department of Finance.

Gov. Jerry Brown vetoed $300 million of “feminist” tax breaks on Tuesday, thanks in part to worries about falling stock prices wiping out up to $10 billion of California’s capital gains tax revenue.

As if the immigration crisis and ever more strained relationship with Brussels weren’t enough, now Italians have to face the specter of a major bank failure that analysts say could utterly cripple Italy’s financial structure.

Tourism may suffer serious damage in Florida after a seven-to-eight-foot alligator dragged a two-year-old toddler off a Disney World hotel beach as parents furiously fought to save him. The attacked followed just two days after an Orlando terrorist attack.

Yelp! stock became the latest Silicon Valley darling in the week before Valentine’s Day to tank by double-digits, as big investors retaliated for the 50 percent stock drop since December by forcing the company’s CFO to resign.

MANCHESTER, New Hampshire — Billionaire and national 2016 GOP presidential frontrunner Donald Trump pushed back on the notion put forth by President Barack Obama that America is doing well economically. In an exclusive interview with Breitbart News on Friday, Trump laid out how he believes the United States is currently in another recession—something that proves President Obama’s economic policies have failed, as have those of his GOP enablers in Congress.

The U.S. economy hit stall speed as growth shriveled to just 0.7 percent in the fourth quarter of 2015, with strong personal income growth concentrated in a small number of elite American communities.

International financial analyst Tony Nash said China was “clearly in an industrial recession,” posing increasing risk to financial markets around the globe. “What you have in China right now is a lot of overcapacity within the industrial sector,” Nash, Global Vice President of Delta Economics told Breitbart Executive Chairman Stephen K. Bannon. “China is clearly in an industrial recession and markets are simply catching up to that.”

New York’s Top Democrats have identified the causes of the mass opposition to illegal immigration and Syrian resettlement: Anger, fear, and Ronald Reagan’s 1980 election.

With the rise of Uber, Airbnb, and TaskRabbit, there’s a sinking suspicion that the traditional 9-5 job is being replaced by flexible, independent contract work. But, despite the existence of multiple billion-dollar Silicon Valley startups hiring an army of independent contract workers, economists have had difficulty finding any evidence that Americans were more likely to be self-employed.

The death rate for middle-aged white people is rising, even as it also falls for other demographics, and even though the overall health of older people is rising, says a new study.

Only a period of enforced “planned austerity” can save the world from dangerous global warming, a warmist academic has claimed at a TED lecture. Alice Bows-Larkin, a climate researcher from the Tyndall Centre at the University of Manchester, said in her

Bay Area schools will face a shortage of teachers as they open later this month.

The effort to relieve, or bail out, the U.S. commonwealth of Puerto Rico from its current economic struggles has just received a big boost from the Obama administration.

Despite President Obama’s happy talk, it is clear that America’s recovery from recession isn’t going as well as it needs to.