While there are no signs of major stablecoins collapsing, an economics professor at Cornell University says it’s something regulators are worried about.
A Reuters poll of economists had forecast a 0.2% contraction amid a bleak overall picture for the British economy.
December’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing.
CFOs expect the Dow Jones Industrial Average to fall below 30,000 and the economy to enter a recession next year, according to a CNBC survey.
Forward Air CEO Tom Schmitt on how long the decline in consumer demand and slowdown in shipping from China will last.
The Fed rate hike of half a percentage point moves the Prime Rate to a level that means business owners will be paying 10%-plus interest on debt.
Copper — traditionally seen as a leading indicator of economic health because of its use in many sectors — has unsurprisingly had a rough year. Yet analysts expect a resurgence in 2023.
If successful, ispace would be the first private company to land on the moon – a feat previously accomplished by global superpowers.
Tech firms like Meta, Amazon and Twitter have announced thousands of job cuts. So far, the trend seems to be isolated.
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