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Fact-check: Does recession follow when unemployment rate is below 4%, inflation above 4%?
Austin American-Statesman via Yahoo News· 2 years agoLarry Summers: “When you have unemployment below 4% and inflation above 4%, recession always follows...
Europe to be hit hardest in global slowdown -OECD
Reuters via Yahoo Finance· 2 years agoPARIS (Reuters) -The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown, with...
Europe's economy shrank. For households that are hurting, it's just numbers
AP Finance via Yahoo Finance· 1 year agoThe European economy contracted slightly at the end of last year and beginning of 2023, revised...
UN economic forecast cites conflicts, sluggish trade, high interest and climate disasters
Associated Press Finance via Yahoo Finance· 5 months agoThe United Nations issued a somber global economic forecast for 2024 on Thursday, pointing to...
Fact-check: Does the US have a lower inflation rate than other major industrial countries?
Austin American-Statesman via Yahoo News· 2 years agoJoe Biden: “In every other major industrial country in the world … inflation is higher.”...
China's economy is trapped in a downward spiral that authoritarian regimes are doomed to repeat
Business Insider via Yahoo Finance· 10 months agoChinese President Xi Jinping walks to the Monument to the People's Heroes during a ceremony at...
Marketmind: COVID blues
Reuters via Yahoo Finance· 2 years agoA nationwide spike in COVID-19 cases in China is again the main talking point for weary global markets on Tuesday as Beijing shut parks and museums and...
The world economy will slow next year because of inflation, high rates and war, OECD says
Associated Press via Yahoo News· 7 months agoThe global economy, which has proved surprisingly resilient this year, is expected to falter next...
Energy, inflation crises risk pushing big economies into recession - OECD
Reuters via Yahoo Finance· 2 years agoGlobal economic growth is slowing more than was forecast a few months ago in the wake of Russia's...
OECD: War in Ukraine to drag on global economy into 2023
Associated Press via Yahoo News· 2 years agoRussia's war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global...