Tag Archives: recession

Economists predict there is a 70% chance the American economy will sink into a recession next year, up from the same odds indicated in a similar survey in November. The latest Bloomberg monthly survey, conducted last week, had 38 expert respondents with a vast majority suggesting that worse times for …

A Bloomberg monthly survey of economists indicates nearly 50% believe the United States economy is headed toward a recession within the next year. The number of economists who believe a recession is coming stands at 47.5%, a sharp increase from just one month ago when that number stood at 30%. …

Oil prices rose as much as nearly 3 percent on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to the fore even as worries about a global recession linger. Brent crude futures rose as …