(PARIS) — The 17-country euro zone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe’s central bank to act quickly to keep the slowdown from dragging down the global economy.
Two years ago this month I was in Madrid reporting a story on the troubles of the Spanish economy and what they meant for Europe and its debt crisis. And here I am today writing about the troubles of the Spanish economy and what they mean for Europe and its debt crisis. I usually don’t [...]
NEW YORK (AP) — News that Spain’s economy entered another recession renewed worries about the fragility of Europe’s finances on Monday and nudged stocks lower. The Dow Jones industrial average slipped 35 points to 13,192 shortly after noon Eastern. The Spanish government said that country’s economy shrank 0.3 percent in the first three months of [...]
The recent recession has been the most brutal since the Great Depression. With household incomes generally lower and poverty rates significantly higher than they were 10 years ago, it’s easy to feel that everything is falling apart. But amid the wreckage, there are some success stories that are vitally important for the recovery and the future prosperity of America.
Just when we were expecting the economy to go boom it went zoom
Stocks, they are a’ tumbling…again. Asian markets plummeted overnight, after the Dow Jones Industrial Average closed down 3.7% Thursday. The question on everyone’s mind: is this really the start of a new recession, or is the market oversold? The fact is, even the world’s savviest investors don’t seem to know how to play the latest [...]
A slew of economic indicators out this week has ratcheted up fears of a double dip recession. Many think Friday’s jobs’ report could be the death knell of the U.S. recovery. But there’s a silver lining to the disappointing stats on housing, jobs, and manufacturing: No matter how bad it gets, the dollar will probably [...]
The job interview has always been a crucial part of the hiring process. But in today’s intensely competitive labor market, it couldn’t be more key. For every open position, expect to find an army of qualified, and even overqualified, candidates starving for work in a country with 9% unemployment. If you’re lucky enough to make [...]
For a while now, chatter has been growing that the economy is headed for a double-dip recession. That’s the type where you think you have recovered, but in fact you are only on the first bump of the roller coaster. But this morning’s jobs numbers seem to suggest the possibility of a double dip is [...]
