Recession

Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
July 14, 2023  |  Economy

The Federal Reserve Bank of Chicago President Austan Goolsbee expressed his optimism regarding the recent consumer-price data, which showed inflation easing. “It’s at least promising that this...

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Mixed PMI Data Signals Recession May Still Hit Main Street Small Businesses
Mixed PMI Data Signals Recession May Still Hit Main Street Small Businesses
June 23, 2023  |  SMBs

For Main Street’s small businesses, the jury’s still out as to whether — or when — a recession will hit. A spate of recent economic...

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Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023  |  Retail

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

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MENA’s AgriTech Revolution Captures VC Attention and Dollars
MENA’s AgriTech Revolution Captures VC Attention and Dollars
May 04, 2023  |  Startups

Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion...

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Transportation Stock Dip May Signify Recession Fears Are Coming True
Transportation Stock Dip May Signify Recession Fears Are Coming True
May 02, 2023  |  Transportation

On April 20, The Wall Street Journal detailed the performance of stocks deemed economically sensitive, such as those within the transportation sector, against the broader market...

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Discount Subscriptions Combine Consumers’ Two Favorite Features: Convenience and Savings
Discount Subscriptions Combine Consumers’ Two Favorite Features: Convenience and Savings
May 02, 2023  |  Subscription Commerce

Subscriptions considered discretionary were among the first to go when consumers began slashing their budgets and their providers have generally struggled since. Although there have...

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US Layoffs Reach Two-Year High in Push for Profitability
US Layoffs Reach Two-Year High in Push for Profitability
May 02, 2023  |  Economy

New figures from the Labor Department show U.S. layoffs reaching their highest level in more than two years. The March Job Opening and Labor Turnover...

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