recession

Economy could keep Dow rising in 2020

Trade jitters have taken financial markets on a wild ride this year, putting some cracks in the global economy. But stocks still kept hitting record highs.

World may be headed for Great Stagnation

For all the chatter about a looming recession in the United States or Europe, it's important to remember: right now, forecasters don't expect the global economy to contract.  

Removing tariffs would reduce recession risk

The trade war is doing so much damage to the world economy that the United States and China might just roll back some of their destructive tariffs. That's just what is needed to avoid a recession.

Recession not right around the corner, Fed official says

The American economy is experiencing turbulence. The trade war and global weakness are slowing growth. But Mary Daly, the president of the San Francisco Federal Reserve, is confident the economy will get through the storm unscathed.

Strong dollar hurting global economy

The world economy is slowing. In past recessions, fast-growing emerging markets have helped bail out the global economy. But there's one thing standing in the way of history repeating itself this time: the strong US dollar.

Next recession may not be as bad as 2008

Recession fears are on the rise in the United States. Memories of the last downturn are exacerbating these worries: The last time America faced a recession was in 2008, as the financial crisis was unfolding. Millions of people lost their jobs, GDP growth plummeted and businesses shut down.

America's manufacturing is at a slowdown

America's manufacturing industry is in contraction. Business spending is soft. And now the biggest chunk of the economy, the US service sector, is growing at its weakest pace in three years.

Putin builds war chest

In the latest display of deepening cracks in the West's formerly unified economic campaign against Russia, France's Foreign Minister Jean-Yves Le Drian told reporters Monday that "the time is right" for reconciliation in EU-Moscow relations.

Trump again dangles a promise of tax cuts

President Donald Trump is reviving last year's promise to slash taxes for America's middle class as he seeks to bolster his reelection bid against Democratic pledges to help people suffering under piles of student loan debt and wrestling to pay oversized medical bills.