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    General Motors posts strong Q3 results

    General Motors posts strong Q3 results

    25 Oct 2022

    Investors cheered a solid third quarter (Q3) at General Motors Co as the automaker’s performance and confidence tamped down growing fears of a global recession. GM shares jumped more than...

    Nobel for Economics highlights crucial role of banks

    Nobel for Economics highlights crucial role of banks

    11 Oct 2022

    The Nobel Prize for Economics 2022 has gone to three American economists, one of them former Federal Reserve chair Ben Bernanke. The other two are Douglas Diamond and Philip Dybvig....

    Markets slump on fears about rates, recession after jobs data

    Markets slump on fears about rates, recession after jobs data

    07 Oct 2022

    Good news on the economy is still bad news for Wall Street, and stocks are falling Friday on worries a still-strong US jobs market may actually make a recession more...

    IMF warns of higher recession risk and darker global outlook

    IMF warns of higher recession risk and darker global outlook

    06 Oct 2022

    The International Monetary Fund  is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by $4 trillion through 2026. Kristalina Georgieva, managing director...

    The debate on the moral case for higher interest rates

    The debate on the moral case for higher interest rates

    02 Oct 2022

    Ramesh Ponnuru, Tribune News Service Federal Reserve Chair Jerome Powell’s efforts to cool down the economy are causing progressive criticism to heat up. He has been accused of wanting...

    IMF cautions UK on its budget concessions

    IMF cautions UK on its budget concessions

    29 Sep 2022

    In the fight for the ruling Conservative Party leadership, Prime Minister Liz Truss showed no doubts that she will implement tax cuts to help businesses to come out of the...

    World markets plunge on growing recession fears

    World markets plunge on growing recession fears

    23 Sep 2022

    Stock markets tumbled, the pound crashed against the dollar and oil prices slumped on Friday on growing recession fears after central banks this week ramped up interest rates to fight...

    UK slashes personal, corporate taxes in bid to increase growth

    UK slashes personal, corporate taxes in bid to increase growth

    23 Sep 2022

    The UK’s new government on Friday unveiled a multi-billion-pound package to support households and businesses hit by the highest inflation in decades, cutting taxes as the nation heads for recession....

    Surging prices hit economic growth, raise recession risk in UK

    Surging prices hit economic growth, raise recession risk in UK

    12 Sep 2022

    Britain’s economy grew by less than expected in July, raising the risk that it is already in a recession, with the sharp climb in energy tariffs hurting demand for electricity...

    Interest rate and recession fears knock global stock markets, oil

    Interest rate and recession fears knock global stock markets, oil

    31 Aug 2022

    Record-high inflation in the euro zone compounded recession fears stalking markets on Wednesday as central banks on both sides of the Atlantic prepared to raise borrowing costs for businesses and...

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