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Recession

Bank of America CEO Brian Moynihan warns to prepare for a US debt default and a recession that will drag down corporate earnings

Mon, 02/06/2023 - 14:17

Tech Insider

Brian Moynihan — Brian T. Moynihan, Chairman and Chief Executive Officer of the Bank of America Corporation, speaks during the Bloomberg Global Business Forum in New York City, September 25, 2019. REUTERS/Shannon Stapleton
Shannon Stapleton/Reuters

Markets, MI Exclusive, US economic outlook, Recession, debt default, US Debt, US debt ceiling

Investors are not in a bull market and an earnings recession is still set to ravage stocks, Morgan Stanley says

Mon, 02/06/2023 - 12:46

Tech Insider

Traders NYSE — (Photo by Scott Heins/Getty Images)

Markets, MI Exclusive, Stock Market Outlook, earnings recession, Recession, Bear Market, stock fall

Strength in the bond market is signaling that the US economy won't enter a recession either this year or next

Mon, 02/06/2023 - 10:17

Tech Insider : Economy

NYSE trader — Drew Angerer/Getty Images

Markets, MI Exclusive, economy, Recession, Bond Market, Analyst Note, Trading

IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates

Mon, 02/06/2023 - 07:07

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Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), speaks to the media following talks at the Chancellery on November 29, 2022 in Berlin, Germany. — Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
Carsten Koall/Getty Images

Markets, MI Exclusive, Stocks, IMF, US Economy and Markets, Kristalina Georgieva, Recession

Larry Summers said the Fed could pull off a soft landing but warned the US economy is still not 'out of the woods'

Mon, 02/06/2023 - 05:46

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Lawrence Larry Summers — Former Treasury Secretary Larry Summers visits FOX Business Network at FOX Studios on January 30, 2015 in New York City.
Rob Kim/Getty Images

Markets, MI Exclusive, Larry Summers, Treasury Secretary Larry Summers, Inflation, fed inflation, Interest Rates

Wharton professor Jeremy Siegel warns the blowout US jobs report may be bad news for stocks - and could lead to a recession this year

Mon, 02/06/2023 - 05:30

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Jeremy Siegel, Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, on an interview on December 30, 2014. — Jeremy Siegel.
Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Markets, MI Exclusive, Stocks, Jeremy Siegel, Wharton School of Business, Federal Reserve, Inflation

With a recession looming, layoffs are in full effect. Here are some of the safest and most at-risk jobs, according to economists.

Sun, 02/05/2023 - 08:59

Tech Insider : Economy

Recession — US employees are worried about their jobs amid a looming recession.
MJgraphics / Shutterstock

economy, Careers, Weekend BI UK News, Weekend BI UK, Recession, Layoffs, Tech layoffs

Workers are 'career cushioning' by creating a Plan B ahead of a looming recession and sweeping layoffs. Here's how it could protect you.

Sat, 02/04/2023 - 10:49

Tech Insider : Economy

Online testing and assessment, quality monitoring — Some employees are "career cushioning" to protect themselves in case they are laid off.
z_wei / Getty Images

Careers, News, economy, Job Hunt, upskilling, Recession, layoff

Tech, housing, and manufacturing might already be in a recession. They could bring the US economy down with it.

Sat, 02/04/2023 - 08:30

Tech Insider : Economy

Layoffs — Compassionate Eye Foundation/Martin Barraud/OJO Images Ltd / Getty Images

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An economics researcher is warning that the next few decades could bring a massive stock market collapse

Sat, 02/04/2023 - 08:30

Tech Insider

NYSE trader — Photo by Spencer Platt/Getty Images

Markets, MI Exclusive, Stock Market Crash, Financial Crisis, Ray Dalio, Jeremy Grantham, 1987 market crash

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