Business – Page 55

5 Minutes

U.S. will‘enter a recession in the third quarter of 2023,’economist say

ustowner-013 2023-03-31 08:41

Macquarie Head of Economics David Doyle joins Yahoo Finance Live to discuss the state of the U.S. economy, inflation, tipping into a recession, and th[……] ....

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3 Minutes

Jittery US Customers Pulled Almost $100Bln in
Deposits Amid Banking Crisis, Fed Data Shows

ustowner-013 2023-03-27 05:41

Despite assurances offered by regulators that the banking system was “sound and resilient,” apprehensive US customers collectively withdrew close[……] ....

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2 Minutes

Ford sees $3 billion pretax loss in its EV
business this year

ustowner-012 2023-03-24 07:59

Ford Motor Co (F.N) expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin[……] ....

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2 Minutes

Study: Joe Biden’s Inflation Fueling America
n Hunger

ustowner-013 2023-03-22 07:13

When Biden assumed office in 2021, 20 percent of Americans sometimes cannot afford enough food. That number spiked to 24.6 percent at the end of 2022,[……] ....

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4 Minutes

Biden’s budget includes $3 trillion in deficit reduction: It’s still not enough

ustowner-011 2023-03-21 06:55

President Biden’s FY 2024 budget promises to reduce future deficits by $2.8 trillion over the next 10 years. That’s a big number. It is not enough, ho[……] ....

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0 Minutes

Amazon deepens tech-sector gloom with another 9,000 layoffs

ustowner-011 2023-03-21 04:42

March 20 (Reuters) – Amazon.com Inc (AMZN.O) on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept[……] ....

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5 Minutes

Fact check: Biden falsely credits tax that took effect in 2023 for deficit reduction in 2021 and 2022

ustowner-012 2023-03-19 08:22

President Joe Biden falsely said on Wednesday that his new corporate minimum tax is the reason the federal budget deficit declined in 2021 and 20[……] ....

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1 Minute

Study finds 186 banks vulnerable to SVB-like collapse

ustowner-012 2023-03-19 08:05

A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley[……] ....

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3 Minutes

Recession fears rise: More than half of Americans say they’d lose everything

ustowner-012 2023-03-18 07:22

Amid high inflation, many Americans fear the country will slip into a recession this year. About 75% say they worry one is on the way, according to a[……] ....

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