US economy shrinks for second straight quarter, furthers recession fears

Jul 29, 2022

Washington [US], July 28 : Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the...

President Biden says US not going to be in recession

Jul 26, 2022

Washington [(US], July 26 : US President Joe Biden said the country's economy is not heading into a recession. "In my view, the employment...

Two-thirds of economists, major leaders in banks think US is not going to have recession: US President

Jun 28, 2023

"I've been hearing every month there's going to be a recession next month. The consensus is: Two-thirds of the economists and the major...

Seven in 10 economists expect recession in US next year: poll

Jun 16, 2022

New York [US], June 16 (ANI/Xinhua): Nearly seven out of 10 economists believe there will be a recession in the United States next year...

Some participants saw elevated chances of recession in US: Fed minutes

Feb 23, 2023

Minutes of the latest monetary policy meeting of the US Federal Reserve showed some of the participants noted that the probability of the economy...

After Germany enters recession, fears in Singapore of 'Technical Recession'

May 26, 2023

Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in the external environment persist.