Tag: recession news

Futures sink as grim forecasts from Amazon, Apple fan recession fears

Futures sink as grim forecasts from Amazon, Apple fan recession fears

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Tech-sector earnings were viewed as a major test of the strength of corporate America in the face of decades-high inflation and the dismal results have fed into fears of a looming recession from aggressive monetary policy tightening by the Federal Reserve Tech-sector earnings were viewed as a major test of the strength of corporate America […]

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U.S. economy shrinks for 2nd straight quarter, raising fears of a recession

U.S. economy shrinks for 2nd straight quarter, raising fears of a recession

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The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation […]

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