U.S. Oil Drops Below $100 A Barrel For First Time Since May
Oil futures are crashing amid fears of that a recession could hurt demand.

Oil futures are crashing amid fears of that a recession could hurt demand.

A reliable recession indicator was flashing red alert on Tuesday as 10-year yields fell below two-year.

A majority of Americans surveyed think the best indicator of an economic recession is inflation, according to a recent The Economist/YouGov poll.

Schools and hotels in Britain and Ireland are reportedly now struggling to keep some beef dishes on the menu due to ever-inflating prices.

A potential cutting-off of Russian gas would lead to recession and “chaotic conditions”, various German officials are now warning.

During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that he believes there is
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that the risk of a
Due to inflation, 2022 is turning out to be the worst year for the S&P 500 since 1872, according to the chief investment strategist at Bank of America Securities.

Consumer spending, manufacturing, and construction have all rolled over as inflation and interest rates drag down the economy.

CNN, a far-left propaganda outlet that spreads conspiracy theories and political violence, is laying the ground to claim that any declaration of a recession is… racist.

New orders and employment measures fell into contraction in June.

We have put to rest the first half of 2022, and we cannot say we’ll miss it.

Federal Reserve Chairman Jerome Powell said that the U.S. economy is “in pretty strong shape” as Americans face record inflation.

It’s gotta be Putin’s fault, right?

Inflation-adjusted spending and income fell in May, raising concern that the post-pandemic economic recovery may have already run out of steam.

On Wednesday’s broadcast of CNBC’s “Closing Bell,” Sen. Rob Portman (R-OH) reacted to revised GDP numbers for the first quarter of 2022 showing the economy shrank more than previously thought by stating he thinks we will probably see a recession

Appearing Tuesday on CNBC’s Squawk Box, Ark Invest CEO Cathie Wood stated the United States is currently in recession as concerns regarding the economy grow.

During an interview with CNN on Monday, Vice President Kamala Harris responded to a question on whether she’s concerned about the economy going into a recession by stating that “there can be no higher priority than what we have been

Economic contractions can be hidden beneath inflation. You might have a recession that no one notices until you are already months into it.

The economy is on a path to contracting in the third quarter, according to the chief business economist at SP Global Market Intelligence.

Powell signaled that the Fed is willing to risk a recession in order to tame inflation.

A recession is “inevitable” despite President Joe Biden’s claims to the contrary, former president of the Federal Reserve Bank of New York, Bill Dudley, outlined in Bloomberg on Wednesday.

On Tuesday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Greg Murphy (R-NC) stated that inflation will increase due to states spending unallocated coronavirus relief funds and that due to people cutting spending on dispensible goods due to
Appearing Tuesday on the Fox Business Network, Stephen Schork, principal of The Schork Group, painted a bleak picture of the U.S. economy.

When asked about a possible recession in the United States economy, White House press secretary Karine Jean-Pierre praised the president for his economic agenda.

On Monday’s broadcast of the Fox News Channel’s “Your World,” House Majority Whip Rep. James Clyburn (D-SC) stated that there isn’t any question that “for a lot of people,” we are already in a recession and that “If you can’t

President Joe Biden snapped at a reporter Monday after she asked about fears of an economic recession.

The New York Fed’s economic model sees the economy contracting this year and next year.

The White House’s newest economic catchphrase to blunt the force of a potential recession in 2023 is to tell the American people that it is not “inevitable.”

During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that “the central tendency” of
Senior Adviser to President Joe Biden Gene Sperling responded to a survey showing that a majority of CEOs expect a recession in the next 18 months by stating that “we think that too many people are not looking at the more reassuring elements of resilience in this economy right now and they’re not realizing that the American Rescue Plan put a historic number of people back to work.”

Bank of America sees growth falling to near zero in the back half of next year and a 40 percent chance of a recession.

A huge drop in manufacturing of electronics, appliances and home furniture sent output sinking while high energy prices drain demand from the rest of the economy.

The annual tech and media symposium that Allen & Co. organizes at the Sun Valley Resort has been described as a “summer camp for billionaires.” This year it might seem a bit like a week at Easter Lake, the fictional summer camp repeatedly plagued by a hockey-masked serial killer named Jason.

During an interview aired on Thursday’s broadcast of the Fox Business Network’s “Kudlow,” House Minority Leader Rep. Kevin McCarthy (R-CA) stated that he believed “we’re in a recession.”

President Joe Biden acknowledged Thursday in a new interview that people were not happy under his administration, as they were fighting historically high inflation and record-high gas prices.

Almost six in ten American manufacturers believe ongoing inflation will lead to a recession in the United States, a new survey from the National Association of Manufacturers (NAM) finds.

The outlook turned negative for the first time since December 2008, when the national economy was deep in the financial crisis.

The New York Fed’s barometer of manufacturing sector activity in New York produced a negative reading for the second month in a row.

Crypto trading platform Coinbase will cut 18 percent of its staff with CEO Brian Armstrong warning of a worldwide recession and the possibility of a “crypto winter.”
