The mortgage crisis, however, has turned for the worst and is threatening to turn into a recession. Other factors like the widening credit spreads and the oil-fed inflationary pressure have economists worried. Nevertheless, some economists say that the U.S. will avoid a full-blown recession. Presented are the conflicting arguments.EBS...
The trade deepening trade war between China and America also concerns me. The comparison with 1930 — when the US introduced its Smoot-Hawley tariffs and plunged the world into depression in the wake of the 1929 US stock market crash — is obvious, except, this time, world trade growth is ...
Along with the development of society, more and more problems are brought to our attention, one of the most serious issue is the gray population. Nevertheless, the significance of elderly people in society cannot be overstated. As...
In 2015, the US Forest Service for the first time spent more than half of its $5.5 billion annual budget fighting fires-nearly double the percentage it spent on such efforts 20 years ago. In effect, fewer federal funds today are going towards the agency's other work-such as forest conserv...
the situation is very challenging. Inflation is very high. The economy, like I said, has a lot of crosscurrents. I do think it’ll take a few years, but we’re going to get that done.”5 What does that mean for US companie...
What Is a Recession? A recession is when growth stops and economic activity declines.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, ...
You can make an argument for always tipping, or reducing a tip. In the end, it's subjective. Geoff WilliamsMay 2, 2025 Save on a Cinco de Mayo Party One way to save is to delegate food and beverages for people to bring so you don't have to shoulder the ...
Bankers dig in as recession looms in Europe 06:21 New York CNN Business — The American economy is losing steam and is vulnerable to sinking into a recession but it’s not in one yet, according to Moody’s Analytics chief economist Mark Zandi. “This is a slowdown. We’re not in...
How the situation got this bad McCormick attributes the ongoing shortfall to the “inability to hire and train controllers due to things like Covid, the recession, government shutdowns.” The number of air traffic controllers started plummeting around 2013, after a government shutdown, McCormick ...
“I actually don’t believe that we’re going to have a full-blown recession,” Ayala said. “But we are definitely going to have a slowing down of the economy, at least … If you can save yourself a hassle and save yourself the money, this would be the year to do it...