"recession"

Elon Musk has warned that Donald Trump’s new trade tariffs could trigger a US recession in the second half of the year. The fallout between the two escalated after Musk announced decommissioning SpaceX's Dragon and Tesla stock plummeted 14%.

The ratings agency downgraded US sovereign debt from AAA to AA+ in August, citing the nations mounting debt and partisan brinkmanship as the major reasons behind its decision, CNN reported

In April, the minutes of the central bank's March meeting had revealed that the Fed's staff economists envisioned a “mild” recession later this year

Data released Thursday by the Federal Statistical Office shows Germany's gross domestic product, or GDP, down by 0.3% in the period from January to March.

Google's micro kitchen that provides free snacks like cereal, espresso, and seltzer water will be closed on days that typically have a significantly lower volume.

The war in Ukraine and the sanctions against Russia will continue to disrupt the global tech industry and supply chain in the near future

When the world’s most valuable firms resort to large-scale job cuts, worries of a ripple effect are inevitable

We are witnessing a repeat of the 2000 Dotcom Bubble, with one crucial difference — given that tech is at the centre of everything we do today, any correction will be less severe and bounce back quicker.

Activities considered an exception before have now become the norm and it’s time to seriously rework the work culture

People across the globe are worried about the recession looming large, with many predicting that countries will enter into recession soon or later

Hyderabad: Amazon founder Jeff Bezos, and his girlfriend Lauren Sanchez recently gave their first sit-down exclusive television interview to CNN. In the same interview, Bezos announced that he will donate the majority of his $124 billion net worth to charities to combat climate change and to support people who can unify humanity amid growing social […]

By B Yerram Raju Several economists, in the wake of the Russia-Ukraine war and the rise in global inflation index, have been talking of recession. It is important to understand the meaning of recession. It occurs when there is a contraction of demand for goods and services consecutively for two quarters; employment falls precipitously; consumption […]

The government must address societal disquiet for the economic recovery to be equitable

Though the contraction is far lower compared with 23.9% in the previous quarter, this should offer no solace

Eight consecutive quarters of slowdown landed in the lockdown which resulted in a recession period, says Minister

Held under the shadow of a raging pandemic, the summit is reduced to brief online sessions on pressing global issues.