Goldman Sachs, JPMorgan CEOs tip U.S. economy for recession as labor tightness keeps Fed aggressive
Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expect a U.S. recession.
Inflation is dominating the conversation on earnings calls. Here’s what execs are saying
One thing is clear at the start of the corporate earnings season: Inflation remains a hot topic for company executives.
An often-overlooked economic measure is signaling serious trouble ahead
According to The Conference Board's Leading Economic Indicators index, conditions worsened in September.
Elon Musk says a global recession could last until the spring of 2024
Tesla founder Elon Musk thinks the global economic contraction can last for another year and a half.
Here’s how venture capital is helping to lift the next generation of Latinos in finance
Latinos are underrepresented in all areas of finance. Groups of venture capital firms are looking to change that.
U.S. budget deficit cut in half for biggest decrease ever amid Covid spending declines
The U.S. budget deficit was sliced in half for fiscal 2022, the biggest drop in history following two years of huge Covid-related spending.
Multigenerational Hispanic households are under pressure as rates surge and homes remain costly
Rising interest rates and pricier homes have increased the pressure on multigenerational households seeking adequate housing.
Jeff Bezos is the latest to warn on the economy, saying it’s time to ‘batten down the hatches’
Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy.
After two years of shipping snarls, things are starting to turn around
Port congestions and container shortages are easing as Chinese exports slow in the face of waning demand from Western economies, logistics data shows.