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1301. A recession is now likely in 2023. Here's what could trigger a sharp... (permalink)
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score: 2, Economy, 2022-09-21 13:06:22, published by USA Today
The odds of a recession next year top 50% economists say. Weaker consumer spending and lower corporate profits are among the likely causes.additional details]
1302. How much 'pain' is the Fed willing to inflict? Wednesday's rate... (permalink)
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score: 2, Economy, 2022-09-21 13:05:38, published by CNN
The Federal Reserve is expected to raise interest rates on Wednesday by three-quarters of a percentage point for the third consecutive time in an aggressive move to tackle white-hot inflation that is plaguing the economy, frustrating consumers and stifling the Biden administration. [additional details]
1303. Is a recession coming? Look to corporate earnings... (permalink)
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score: 2, Economy, 2022-09-20 23:06:02, published by CNN
CNN's Chief Business Correspondent Christine Romans explains what corporate America can tell us about the health of the US economy going forward. [additional details]
1304. GOP attorneys general threaten credit card companies over gun-store... (permalink)
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score: 2, Economy, 2022-09-20 22:05:53, published by CNN
Two dozen Republican attorneys general warned Visa, American Express and MasterCard on Tuesday not to go ahead with their plans to add a new merchant category code for gun retailers. [additional details]
1305. Biden says America will get inflation under control... (permalink)
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score: 2, Economy, 2022-09-19 18:06:02, published by CNN
President Joe Biden expressed optimism about the direction of the US economy Sunday, saying America will be able to rein in historically high inflation and that he's hoping the Federal Reserve will achieve a "soft landing" by slowing economic growth without going into recession. [additional details]
1306. Meet the designers creating every day objects and art from human... (permalink)
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score: 2, Economy, 2022-09-16 20:06:17, published by CNN
There is a natural product we grow ourselves which can be used to make clothing, ropes and even building materials -- and much of it goes to waste on a daily basis. But perhaps not for long. An emerging wave of designers is harnessing the power of human hair to tap into issues of the circul... [additional details]
1307. Americans are feeling better about the economy, but inflation... (permalink)
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score: 2, Economy, 2022-09-16 18:06:23, published by CNN
Americans continue to feel slightly better about the economy as gas prices retreat from their early summer highs. [additional details]
1308. Stocks tumble after FedEx gives investors brutal warning... (permalink)
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score: 2, Economy, 2022-09-16 18:05:58, published by CNN
US stocks fell on Friday morning after FedEx served investors a brutal pre-earnings announcement about the state of the global economy. [additional details]
1309. British pound hits a 37-year low... (permalink)
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score: 2, Economy, 2022-09-16 15:06:27, published by CNN
The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking. [additional details]
1310. FedEx warns of a global recession, cutting sales forecast by half... (permalink)
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score: 2, Economy, 2022-09-16 15:05:59, published by CNN
FedEx shares plunged 21% in premarket trading Friday after it warned late Thursday that a slowing economy will cause it to fall $500 million short of its revenue target. [additional details]
1311. Russian sanctions slow to bite as US officials admit frustrations... (permalink)
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score: 2, Economy, 2022-09-16 15:05:55, published by CNN
Senior US officials tell CNN they are disappointed US-led sanctions haven't had a bigger impact so far on the Russian economy and are now predicting that the harshest effects probably won't materialize until early next year at the earliest. [additional details]
1312. Oceans rise, houses fall: The California beach dream home is turning into... (permalink)
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score: 2, Economy, 2022-09-16 00:06:36, published by USA Today
Along California's coast, homes costing millions of dollars teeter on the edge of unstable cliffs as plans for what to do next face delays.... [additional details]
1313. Cheaper oil, Ukraine war blowing a hole in Russia's finances... (permalink)
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score: 2, Economy, 2022-09-15 23:05:53, published by CNN
There are new signs of strain in the Russian economy as energy prices fall and nearly seven months of war in Ukraine prove increasingly costly. [additional details]
1314. What we know about Brett Favre and his texts in Mississippi welfare scandal (permalink)
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score: 2, Economy, 2022-09-15 21:06:04, published by USA Today
The State of Mississippi is suing ex-NFL QB Brett Favre and others, alleging they misspent millions of dollars that had been allocated for welfare.... [additional details]
1315. US mortgage rates hit 14-year high as inflation soars... (permalink)
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score: 2, Economy, 2022-09-15 20:05:12, published by BBC
For families hoping to buy a home, the moves compound affordability problems. [additional details]
1316. Some sex assault survivors have to pay thousands of dollars for... (permalink)
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score: 2, Economy, 2022-09-15 18:05:59, published by CNN
Survivors of sexual assault who are treated at emergency departments may be billed thousands of dollars for their care if they are uninsured, a new report finds, and even those with private health insurance have to cover some of the costs out-of-pocket. [additional details]
1317. Soaring mortgage rates top 6% for first time since 2008... (permalink)
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score: 2, Economy, 2022-09-15 17:05:55, published by CNN
Mortgage rates jumped again, surpassing the 6% mark and reaching the highest level since the fall of 2008. [additional details]
1318. White House strikes deal to avert first US rail strike in 30 years... (permalink)
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score: 2, Economy, 2022-09-15 17:05:12, published by BBC
A strike would have impacted millions and cost the economy an estimated $2bn (£1.7bn) a day. [additional details]
1319. Analysis: Tentative railroad deal could avert a disaster neither... (permalink)
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score: 2, Economy, 2022-09-15 12:06:03, published by CNN
A tentative agreement that appears to have averted a national freight railroad strike not only avoids a disaster for the US economy but also heads off what would have been a political nightmare for the Biden administration. [additional details]
1320. How the US rail strike could affect you... (permalink)
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score: 2, Economy, 2022-09-14 21:06:30, published by CNN
The US economy can keep running without freight trains — but not for long. [additional details]
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