Image source: Getty Images Many companies are preparing for economic difficulties. Are you? Key points A survey shows that more and more CEOs are worried about a recession in 2023 or 2024. Many CEOs think we will see a recession, but it will be short and shallow. Any steps you can take to pay down …
98% of CEOs expect a recession in 12 to 18 months Read More »
Passengers wait to board a train at Hongqiao station in Shanghai on December 6, 2022. Hector Retamal | AFP | Getty Images BEIJING — As mainland China eases many of its strict Covid controls, analysts point out the country is far from a quick return to a pre-pandemic situation. National authorities announced sweeping changes on …
What to expect next as China eases Covid controls Read More »
Three major Wall Street banks expect the S&P 500 to fall more than 20% at some point next year. U.S. stocks face a recession, earnings outlook cuts and liquidity risks as the Fed raises rates. Here’s what Morgan Stanley, Bank of America and Deutsche Bank are saying about what could drive stocks lower. Loading Something …
All major stock averages closed higher for the week thanks to a Friday afternoon rally that pushed the Dow back into positive territory. Several key economic reports drove the action, including the ADP November Nonfarm Payrolls and Employment Reports and the October Personal Spending Report. Most important, perhaps, was Federal Reserve Chairman Jerome Powell’s comment …
Expect more turmoil after a week of mixed market signals Read More »
November and December are usually a flurry of holiday gatherings, giveaways, and celebrations. Whether it’s a huge Thanksgiving dinner, giving gifts around Christmas and Hanukkah, or toasting the New Year, the holidays are busy. This year they may also seem more expensive. More than a quarter (27%) of holiday shoppers say the holidays will strain …
2022 Vacation Cost Stats: What You Can Expect to Spend | The bank rate Read More »
When can we expect to see the House Republican inflation plan? It was the number one issue we heard about throughout the 2022 campaign, and rightly so: the rising cost of living is a major issue for most Americans, especially the broader middle class. , whose salaries did not follow. Republicans ran on the proposition …
So when can we expect to see the House Republican inflation plan? Read More »
