This week, Mike McGlone, senior macro strategist at Bloomberg Intelligence, shared his March outlook, noting that the “top catalyst” that could propel gold above $2,000 an ounce is a recession.…
Tesla CEO Elon Musk said a 10 percent cut in the electric carmaker’s workforce will come over a three-month period as the world’s richest man predicted a US recession was…
Economist and gold bug Peter Schiff has warned of a financial crisis and a much deeper recession than the Federal Reserve is recognizing. “The economy will not only weaken, but…
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, warned that “cryptocurrencies may be facing their first real recession.” He added that despite the risk of a recession, Fed tightening “could…
Mad Money host Jim Cramer said the market has decided that the Fed “will tighten money anyway and cause a recession.” Cramer also recently said that we are in a…
As the first month of the new year wears on, things continue to heat up on the world stage, including cryptocurrency price predictions, social media hype around meme coins like…
3M plans to cut 2,500 manufacturing jobs. (representative) New York: 3M announced on Tuesday that it would cut 2,500 manufacturing jobs as the industrial giant reported lower profits and offered…
Business leaders’ confidence in their companies’ growth prospects fell the most since the 2008 crisis. The World Economic Forum’s annual meeting kicked off in Davos, with business executives and economists…
The World Bank said it expects global growth to slow toward a recession in 2023. (representative) Washington: The World Bank said on Tuesday that it expects global growth to be…
2023 is off to a rocky start, with cryptocurrency business bankruptcies, inflation, and recession impacting the market, and the outlook on the horizon is getting darker. Rich Dad Poor Dad…
