Tag: Recession
2023 U.S. recession now expected to start later than predicted
WASHINGTON (AP) – A majority of the nation's business economists expect a U.S. recession to begin later this year than they had previously forecast,...
Preppin’ for RECESSION. PBN survey: Talk of a coming downturn is...
If and when the country will slip into a recession depends on who you ask, but the gloom is already settling over Rhode Island...
The pain of Uncle Sam’s higher interest payments
Consumers and businesses aren’t the only ones feeling the pain of higher borrowing costs because of Federal Reserve rate hikes. Uncle Sam is too.
The...
PBN summit panel: Economic indicators say recession coming in 2023
PROVIDENCE – In many ways, the party is over.
At least that's the way the panelists at Providence Business News’ Economic Trends Summit on Thursday...
Jobs, wages are up, but a gloom remains
At any other time, the jobs news that came down on Dec. 2 would be a reason for cheer.
The U.S. added 263,000 nonfarm jobs...
Unemployment claims rise to 240K, highest since August
WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic...
Fed has power to push world into recession
The U.S. Federal Reserve holds inordinate sway over the world’s economies – yet it acts, in some ways, like they don’t really matter.
Its power...
Boston Fed’s Collins says ‘modest slowdown’ is possible
WASHINGTON (AP) – Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be...
JPMorgan CEO says he’s not worried about a recession
PROVIDENCE – Jamie Dimon isn’t worried about a recession.
During a recent visit to JPMorgan Chase & Co.’s Olneyville Chase Bank branch, the CEO and...
It’s still unclear if recession is coming
The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to...
- Featured Event -
