recession
Manufacturer group warns of gathering economic storm
A slowdown is coming as Canada is woefully unprepared to weather its first recession in over a decade.
Brexit escalation raises alarm for ailing European economy
Economists describe a nightmarish setting for companies.
Trump flip flops on tax cuts, citing ‘strong economy’
But acknowledges his China trade policies may mean economic pain for Americans.
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Trump acknowledges China policies may mean US economic pain
Tariffs have been a drag on US manufacturers, financial markets and American consumers.
White House insists ‘fundamentals’ of US economy are strong
…but a new survey shows a majority of economists expect a downturn to hit by 2021 at the latest.
34% of economists in survey expect a US recession in 2021
They have previously expressed concern Trump’s tariffs, higher budget deficits could dampen the economy.
Trump economic adviser dismisses fears of looming recession
Kudlow says consumers are seeing higher wages and are able to spend and save more.
China trade war escalation threatens US economy with recession
Uncertainty leads companies to postpone plans to invest, expand and hire, trends that can trigger a severe economic downturn.
Trump’s tariffs could blot out positive economic story
…and he might suffer politically if the tariffs hurt US farmers, manufacturers and consumers.
Budget watchdog says no deal Brexit will spur UK recession
Forecasts heightened uncertainty and declining confidence detering investment, higher trade barriers with the EU.
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‘Fog of Brexit’ means UK could enter recession this year
British economy is set to grow at its slowest rate since the global financial crisis.
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Liberals write off $6.3B in loans, including $2.6B to automaker
Key to the jump was a writeoff that was part of a financing package to keep automaker Chrysler afloat during the recession.
Charles Koch warns Trump trade war could trigger recession
Said in a rare question-and-answer session that “protectionism at any level” is “detrimental.”
Iowa manufacturer gifts 800 employees with Caribbean cruise
CEO challenged employees a year ago to meet certain goals, offering the cruise as an incentive.
Americans got raise in 2015 for first time since 2007
Incomes increase 5.2% in 2015 to $56,516, but still sit below 1999 peak of $57,909.
