recession
Is US Barreling Toward a W-Shaped Recession?
The report said a second-wave decline in consumer spending, if sharp enough, can push the economy back into…
Millennials and Gen Z Face Same Crises With Different Outlooks
For millennials who survived the Great Recession, news of fresh financial instability seems to be hitting…
Global Recession for Top Economies Seen Deep and Quick: IHS
Growth is expected to return in the third quarter in the U.S. and Europe, but these downturns will still be…
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US Entered Into a Recession in February, Economic Watchdog Says
The National Bureau of Economic Research pegs the start of recessionary activity in February, ending a…
These Great Recession Lessons Can Help Apparel Survive a Prolonged Crisis
With as much as 10 percent of pre-COVID-19 apparel demand potentially wiped out, retailers must focus on…
Recession or Depression, the Key to COVID-19 Crisis Is How Long it Lasts
One optimistic note is that there can be a recovery after a lockdown, such as China's rebound taking place…
US Economy Headed for 26.5% Q2 GDP Drop, Levels Not Seen Since Great Depression
IHS Markit economists predict a 26.5 percent annualized drop in second-quarter GDP–bringing it to Great…
Emerging Markets Will Get ‘Hammered’ in Downturn Eclipsing Great Recession: IHS
IHS Markit economists said most economies around the world won't return to pre-pandemic levels of output for…
Recession Ahead and It’ll Be Brief But Deep: The Week Ahead
Survival tactics? Gaining a tight reign on liquidity and examining loan options from public and private…
World Bank Drops $14 Billion Virus Package as Global Recession Looms
The World Bank's IFC financing will support companies struggling with supply chain disruptions.
Half of Small Business Owners Think the Economy’s Heading for a Recession
The overwhelming majority of small businesses are deeply concerned about the potential impacts of the…
Trump Extends Forecast for COVID-19 Outbreak
Fears grew on Wall Street, which saw the greatest one-day decline since 1987, as the U.S. faces the prospect…
Recession in 2020? Manufacturers Seem to Think So, Data Shows
If you ask manufacturers, 2020 will bring about the recession economists have been debating—and the extended…
Louis Vuitton Reportedly Shutting Hong Kong Store as Unrest Unravels Local Economy
With Hong Kong now in a recession, and no end in sight to the demonstrations, luxury brands need to decide on…
Here’s What Business Leaders Are Worried About Headed Into 2020
Although it might strike a familiar refrain, executives continue to see three factors as the most dangerous…