Harley Bassman says the U.S. economy will fall into recession next year, which will hit stock and home prices. Scott Olson/Getty Images Harley Bassman claims that the American economy will capitulate and enter a recession next year. The Wall Street veteran expects stock and home prices to fall as unemployment and mortgage defaults rise. Bassman …
Workers load ballot boxes and voting materials into a truck ahead of the presidential election, Buenos Aires, Argentina, October 21, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing Rights BUENOS AIRES, Oct 22 (Reuters) – Argentines will go to the polls on Sunday to vote in a general election in the shadow of the South American country’s …
Paddy Cosgrave has had some amazing and unforgettable moments in his career so far. He has led the growth of the small technology meetup from humble beginnings in Dublin in 2009 to a series of hugely influential events held annually around the world. He regularly shared platforms with world leaders, top global executives, film stars, …
Reuters. FILE PHOTO: A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China, September 28, 2018. REUTERS/Jason Lee/File Photo SHANGHAI/BEIJING (Reuters) – China will promote a sustained economic recovery by focusing on boosting domestic demand while fending off financial risks, People’s Bank of China Governor Pan …
ATHENS Greece’s credit rating has been upgraded to investment grade by Standard & Poors in the first such move by one of the three main rating agencies since the country’s sovereign debt crisis rocked the country more than a decade ago. Late Friday, S&P Global upgraded Greece’s rating to BBB- from BB+, citing the country’s …
There’s this guy on Twitter Paul Fairywho creates these threads using old newspaper clippings to show that what we worry about today is the same thing people have been worrying about for decades. There was one called A Brief History of Us raising a generation of wimps. Every older generation thinks this way (and will …
The federal government ended its fiscal year in September. Wrapping up a year in which some thought the shortfall could exceed $2 trillion, the United States had an imbalance of $1.695 trillion, or about $320 billion. The budget report comes out the same week that Biden asked Congress to allocate $105 billion for “national security …
The federal government ended its fiscal year in September. Wrapping up a year in which some thought the shortfall could exceed $2 trillion, the United States had an imbalance of $1.695 trillion, or about $320 billion. The budget report comes out the same week that Biden asked Congress to allocate $105 billion for “national security …
Editors’ note: North Carolina’s seasonally adjusted unemployment rate for September 2023 was 3.4 percent, an increase of 0.1 percentage point from August’s adjusted rate, reports the North Carolina Department of Commerce. What does it mean? WRAL TechWire reached out to NC State economist Dr. Mike Walden for analysis. North Carolina largely missed national job growth …
A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. AFP It seems inevitable that the 53,000 mark will be exceeded, says the AHL. Investors note the government’s strong focus on the economy. Analysts say the market believes interest rates will not rise. The …