recession

The euro dropped below parity against the dollar on Wednesday for the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro area continued to batter the currency.…

Wall Street’s main indexes fell on Wednesday after hotter-than-expected inflation data fueled bets that the U.S. Federal Reserve will hike interest rates aggressively to tame surging prices. The Labor Department’s report showed the…

A looming recession, runaway inflation, an energy crisis in Europe and a euro that's sunk to near parity with the dollar: corporate earnings worldwide face a laundry list of challenges this season that could create another reason to dump…

With a miserable first half for the stock market now in the history books, investors are assessing whether the U.S. economy can avoid a significant downturn as the Federal Reserve raises rates to fight the worst inflation in decades.…

If the news that the Fed has an ambitious plan for monetary tightening hasn’t reached you yet, you must be in a dwindling minority. The blueprint for a massive monetary exit has been out for a while now. It will be on a scale that the…

Inflationary alarms have panicked equity markets and spooked investors across borders. Almost every economist has cast aspersions peppered with cautious warnings on how inflation could affect global economies. As a result, a lot of faith…

Global factors should find more weightage in assessing inflation risks in the light of the current developments in Europe where the war has a significant impact on the price situation, Reserve Bank of India Governor Shaktikanta Das has…

Investors are hoarding cash and hiding in US Treasuries as they dump equities amid fears that the US economy is headed for a recession. Nearly $63 billion flowed into cash in the week through July 6, while global equity funds had…

Citi analysts have forecast that Brent could strike $65 later this year in the event of a prolonged worldwide economic downturn.NEW YORK: Recessionworries pushed the price of Brent oil briefly back under $100 on Wednesday, and the euro…

Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns. Brent futures for September delivery fell…