New York [US], July 7 (ANI/Xinhua): The sense of optimism coming out of the pandemic has all but deflated as a looming recession has Americans taking stock of their financial situation and wondering how they'll be faring in just a few months, reported Fortune on Wednesday.
Washington [US], July 6 (ANI): World oil prices plummeted on Wednesday (local time) and dropped below USD 100 a barrel for the first time since early May.
Frankfurt [Germany], July 6 (ANI/Xinhua): The Euro on Tuesday slumped against the U.S. dollar, hitting a 20-year low of 1.029 dollars in the shadow of an economic recession in the euro zone.
Beijing [China], June 3 (ANI): The deep recession in China's property market has compelled real estate companies to float a bizarre marketing strategy to lure home buyers.
New York [US], June 28 (ANI/Xinhua): US consumer confidence continues to soar in the face of high gas and food prices and rising recession risks, CNN reported on Tuesday, citing new data released from The Conference Board.
New Delhi [India], June 27 (ANI/ATK): Cryptocurrency is a unique decentralized virtual payment system that does not require transactions to be validated by central authorities. It is an end-to-end encrypted technology that enables users to send money anywhere while being anonymous. Cryptocur
Mumbai (Maharashtra) [India], June 25 (ANI): The Indian equities markets key indices snapped a two-week losing streak with the benchmark Sensex gaining 1,367 points in the week ended June 24 as a rebound in global equities amid a steady fall in crude oil prices bolstered investors' sentim
Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money out of the Indian equities amid mounting concerns of global recession, the Reserve Bank o
New Delhi [India], June 21 (ANI): International crude oil prices have come off their recent highs and declined on fears of the possibility of a recession in the global economy following aggressive monetary policy tightening by central banks and the likelihood of weak demand outlook for th
New Delhi [India], June 18 (ANI): After having closed this week on a negative note, Indian domestic equity benchmark indices are likely to trade with a downside bias next week as the aggressive monetary policy stance by the US Fed potentially triggered the fear of a recession.
Mumbai (Maharashtra) [India], June 18 (ANI): Sharp increase in interest rates by the US Federal Reserve and other central banks have battered equities markets across the world with India's key indices Sensex and Nifty slumping by more than 5 per cent during the week, posting their biggest we
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 amid geopolitical tensions and soaring inflation, Newsweek on Tuesday cited a new poll.