Tag #Recession

Showing 289 to 300 of 334 results

euronews.com
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UK Economy Stagnant in Q3 2024 Amidst Recession Fears and Budgetary Changes

The UK economy stagnated in Q3 2024, with 0% GDP growth due to decreased services and production, fueled by recession fears and the Labour government's Autumn Budget changes increasing employer NICs, impacting business investment and hiring, and potentially requiring government intervention in 2025.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Bank of England Downgrades UK Growth Forecast to Zero, Blaming Labour's Budget

The Bank of England slashed its UK growth forecast to zero for the final quarter of 2024, blaming Chancellor Rachel Reeves's £25 billion National Insurance hike for crushing business confidence and potentially triggering a recession; pre-Budget growth was described as 'gangbusters'.

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68% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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German Hiring Freezes Amidst Economic Crisis

German companies' hiring plans have decreased to levels unseen in 4.5 years due to economic downturn and order backlog, resulting in a drop in the Ifo employment barometer to 92.4 points in December and a 12.6% year-on-year increase in insolvency filings in November.

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs

The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...

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40% Bias Score

Decent Work and Economic Growth
cnbc.com
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Stock Market Sell-Off: Yardeni Research Predicts Further Declines

On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.

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52% Bias Score

Reduced Inequality
smh.com.au
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Australian Government Spending Prevents Recession, Creates One Million Jobs

Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.

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60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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UK Economy Stagnates, Raising Recession Fears

Britain's economy showed zero growth in the third quarter of 2024, according to the Office for National Statistics, raising concerns about a potential recession under the new Labour government, while business confidence is at its lowest point of 2024, and household savings are being depleted.

Progress

52% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Fed's Hawkish Pivot Triggers Global Market Selloff

The Federal Reserve's hawkish pivot triggered a sharp global selloff in stock markets on Thursday, December 21, 2023, with major indices falling significantly, and bond yields rising across the Atlantic.

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44% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty

On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...

Progress

44% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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\"Weak Consumer Spending and Rising Insolvencies Hamper German Economic Recovery\"\

\"Germany's economic growth remains hampered by weak consumer spending due to high inflation, rising unemployment, and a surge in business insolvencies, with projections indicating a potential record number of bankruptcies in 2025.\

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Australian Market Set for Drop After US Fed Rate Cut Revision

The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Bank of England to Hold Interest Rates Amid Inflation and Recession Fears

The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.

Progress

52% Bias Score

Reduced Inequality

Showing 289 to 300 of 334 results