The next downturn is no longer a distant abstraction. Economic gauges are flashing warning colors, corporate layoff announcements are piling up, and the safety nets that cushioned the last crisis look ...
For the third time in as many months, Goldman Sachs has cut the probability that the US economy will enter a recession in the next year. In a note titled "Soft landing summer" released Monday, Goldman ...
The cautious optimism of Canadian economists is fast fading as the dark clouds of recession begin to form over the nation’s dawdling economy. Over the last two days, the Royal Bank of Canada and TD ...
Avery Shenfeld, chief economist at CIBC. There are still several ways in which Canada could move from what’s supposed to be only a slowdown in growth into an outright recession. Of course, if that ...
Canada's economy is in a solid position. Jobs are being added in droves. GDP is expanding by more than almost anyone expected. And yet, if you ask around, a lot of Canadians think the country is ...
2:08 Recession fears as winter 2023 outlook worse than previous year, chief economist at IMF says Canada will fare better in the year ahead than some other global economies amid dire warnings Tuesday ...
A U.S. recession is effectively certain in the next 12 months in new Bloomberg Economics model projections, a blow to President Joe Biden’s economic messaging ahead of the November midterms. The ...
Goldman Sachs has again increased the possibility of a recession beginning in the next 12 months, with the investment bank warning on Sunday that its recession odds would hike even further if all of ...
Goldman Sachs slashed its recession forecast not long after raising the chance of a downturn. The bank walked back its forecasts Wednesday an hour after Trump paused most of his tariffs. The bank now ...
2:08 Recession fears as winter 2023 outlook worse than previous year, chief economist at IMF says Royal Bank of Canada, an early predictor of a recession in 2023, now expects the country’s economic ...
MEXICO CITY — Bank of America has downgraded its 2023 growth forecast for Mexico’s economy to 0% from 1% amid a potential U.S downturn, analysts said in a research note, predicting the country will ...
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