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Recession

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Decision day in the race for Eurogroup presidency [Video]

Decision day in the race for Eurogroup presidency

Whoever wins the post will is taking over at a time of economic turmoil, as fresh economic forecasts show an even deeper recession than anticipated.View on euronews

Credit: euronews (in English)     Duration: 01:52Published
Otsego County Sales Tax Revenue Loss [Video]

Otsego County Sales Tax Revenue Loss

Otsego County Sales Tax Revenue Loss

Credit: WKTVPublished

Financial Focus for July 7, 2020 [Video]

Financial Focus for July 7, 2020

In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:51Published
5 Warning Signs of a Financial Downturn in the Economy [Video]

5 Warning Signs of a Financial Downturn in the Economy

Warning signs of a recession often repeat themselves. Here are a few factors to watch out for.

Credit: GOBankingRates     Duration: 01:01Published
EU to experience 'even deeper recession' than anticipated, as new forecast predicts 8.7% contraction [Video]

EU to experience 'even deeper recession' than anticipated, as new forecast predicts 8.7% contraction

The European Commission announced that the euro area economy will contract by 8.7%, as the lifting of lockdown measures has been more gradual than expected.View on euronews

Credit: euronews (in English)     Duration: 02:11Published
Survey: Nearly one in three Americans feel less patriotic [Video]

Survey: Nearly one in three Americans feel less patriotic

A new survey shows this Fourth of July weekend, Americans are not as excited to celebrate the holiday.

Credit: 41 Action News     Duration: 02:24Published
'Summer on the Cuyahoga' helping college students find internships, jobs during pandemic summer [Video]

'Summer on the Cuyahoga' helping college students find internships, jobs during pandemic summer

Summer plans for many college students have turned upside down. Jobs lost, internships paused — so what’s a kid to do? A program called Summer on the Cuyahoga has been around since the last..

Credit: WEWS NewsChannel5     Duration: 02:08Published
In Good Company: False Ego [Video]

In Good Company: False Ego

Colorado company False Ego merges fashion with sustainability.

Credit: 7News - The Denver Channel     Duration: 01:49Published
UK Coronavirus: What Is A Recession? [Video]

UK Coronavirus: What Is A Recession?

The UK looks set to enter a recession for the first time in more than ten years since the 2008-09 financial crisis. Huge parts of the UK economy shut down during the coronavirus lockdown and in April..

Credit: HuffPost UK STUDIO     Duration: 01:10Published
Interserv prepares for the recession [Video]

Interserv prepares for the recession

Interserv Director, Randy Sharp talks with us about his non-for-profit and the ways they are attempting to meet the needs of residents.

Credit: KQTVPublished
5 Financial Moves To Make During a Recession [Video]

5 Financial Moves To Make During a Recession

If you are worried about the effects of a recession, here are a few financial moves to make now.

Credit: GOBankingRates     Duration: 01:04Published
Johnson announces 'New Deal' to prepare for coronavirus economic shock [Video]

Johnson announces 'New Deal' to prepare for coronavirus economic shock

Boris Johnson has announced a spending spree and a new “opportunity guarantee” to help the economy cope with the “aftershock” of the coronavirus crisis. The Prime Minister acknowledged that..

Credit: PA - Press Association STUDIO     Duration: 01:56Published
Rubicon, Telaria Rebrand As ‘Magnite’ With Independence In Mind: CEO Barrett Speaks [Video]

Rubicon, Telaria Rebrand As ‘Magnite’ With Independence In Mind: CEO Barrett Speaks

Just two months after merging, programmatic ad platform Rubicon Project and video management platform Telaria are taking on a new name, Magnite. It is a rebranding that involved hundreds of staff from..

Credit: BeetTV - Affiliate     Duration: 05:49Published
Retraining for recession-resilient jobs [Video]

Retraining for recession-resilient jobs

Locals seeking a career change may find the opportunity with several "recession-resistant" jobs in San Diego, as the region grapples with high unemployment amid the coronavirus pandemic.

Credit: ABC 10 News | San Diego     Duration: 02:07Published
The Rebound Detroit: Internships go virtual during COVID-19 pandemic [Video]

The Rebound Detroit: Internships go virtual during COVID-19 pandemic

Lots of companies are now asking their employees to work from home, while others are facing financial struggles amidst a pandemic induced recession.

Credit: WXYZ Detroit     Duration: 03:39Published
Legalizing weed could boost economic recovery [Video]

Legalizing weed could boost economic recovery

Easing racial disparity as well

Credit: KIMTPublished
Millennials Weather 2 Major Recessions, Bound To Impact Way They Invest [Video]

Millennials Weather 2 Major Recessions, Bound To Impact Way They Invest

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but..

Credit: Wochit     Duration: 00:33Published
Women are hardest hit by unemployment [Video]

Women are hardest hit by unemployment

The pandemic has put a lot of people out of work. Unfortunately, it's taking the hardest toll on women. The unemployment rate for women increased almost 3% above the rate for men.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:55Published
IMF predicts deeper global recession [Video]

IMF predicts deeper global recession

The coronavirus pandemic is causing wider and deeper damage to economic activity than first thought, the International Monetary Fund said on Wednesday, prompting the institution to slash its 2020..

Credit: Reuters Studio     Duration: 01:11Published
Bloomberg Economists Revise Forecast To Be Even Grimmer [Video]

Bloomberg Economists Revise Forecast To Be Even Grimmer

Bloomberg Economics economists Tom Orlik and Björn van Roye revised their forecast for global growth in 2020 to -4.7% from -4%. They predicted a "disastrous" slide to come, and don't expect output to..

Credit: Wochit     Duration: 00:40Published
Where Are the ‘Recession-Proof’ Investments? [Video]

Where Are the ‘Recession-Proof’ Investments?

Credit: PennyGem     Duration: 01:09Published
Lessons learned: 2008 recession compared to COVID-19 recession [Video]

Lessons learned: 2008 recession compared to COVID-19 recession

Lessons learned: 2008 recession compared to COVID-19 recession

Credit: KMTV Action 3 News     Duration: 02:57Published
Destination Staycation - Retreat by Oakstone [Video]

Destination Staycation - Retreat by Oakstone

A perfect summer getaway can be yours to own or rent in the picturesque tiny home community of the Retreat By Oakstone. https://www.retreattn.com/

Credit: WDEF CBS Chattanooga, TNPublished
Tips On How To Weather The Recession [Video]

Tips On How To Weather The Recession

Jeff Wagner talks with local financial professional Mike Kojonen from Principal Preservation Services about what a recession is, and how we can protect our finances (4:28). WCCO 4 News At 10 – June..

Credit: CBS 4 WCCO Minnesota     Duration: 04:28Published
Investors cautious on virus rise, jobless data [Video]

Investors cautious on virus rise, jobless data

Stocks were little changed Thursday after a spike in new COVID-19 cases and stubbornly high levels of joblessness made for a skittish trading day. Conway G. Gittens has more.

Credit: Reuters Studio     Duration: 02:06Published

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Powerful euro single currency bloc to pick new president

BRUSSELS (AP) — The powerful group of countries using Europe’s single currency will choose a new president on Thursday, with three candidates vying for the challenging task of leading the 19-nation..
Seattle Times - Published

German exports regain ground in May, but a long way to go

BERLIN (AP) — German exports regained some ground in May, though the gain was far short of making up for big losses at the height of the coronavirus pandemic in Europe, official figures showed..
SeattlePI.com - Published

US stocks gain, lifted by tech, amid investor optimism around economic reopening

· *US stocks rose on Wednesday as investors assessed economic-reopening efforts in the face of climbing coronavirus cases, which hit a single-day record of 60,000 on Tuesday.* · *The surge in new..
Business Insider - Published

UK gets creative: job bonus and eating out schemes announced

LONDON (AP) — The British government introduced a new bonus scheme on Wednesday that it hopes will limit the anticipated spike in unemployment as a result of the pandemic and announced a series of..
SeattlePI.com - Published

Core Portfolio Half Year Review - Current Recession Created One Of The Best Investment Opportunities


SeekingAlpha - Published

STARTUPS TO WATCH: Here are the startups VCs are betting on in every corner of tech

startups to watch: here are the startups vcs are betting on in every corner of tech
· *New startups launch in tech ever week, while billions of dollars are invested in startups every year.* · Many of these startups never get off the ground. But some make their employees and..
Business Insider - Published

Philippines virus cases soar past 50,000 as lockdown eases

MANILA, Philippines (AP) — Confirmed coronavirus infections in the Philippines soared past 50,000 on Wednesday in a troubling milestone for a country that has reopened an economy on the brink of..
SeattlePI.com - Published Also reported by •Seattle Times

Brooks Brothers files for bankruptcy, plans to close dozens of stores

The coronavirus recession has done in one of the nation’s oldest and best known retailers: Brooks Brothers. The 202-year brand that claims to have dressed all but four U.S. presidents and legions of..
Seattle Times - Published

Study of COVID-19 Effect: Suspension of Manufacturing Activities to Moderately Impact Gear Measuring Machines Market

study of covid-19 effect: suspension of manufacturing activities to moderately impact gear measuring machines market
*Gear measuring machines manufacturers are investing in capacity expansions and supply chain optimization to mitigate losses arising during the coronavirus crisis.* *ROCKVILLE, MD / ACCESSWIRE /..
Accesswire - Published

Famed clothier Brooks Brothers files for bankruptcy

NEW YORK (AP) — The storied Manhattan clothier Brooks Brothers is filing for bankruptcy protection. The company that says it's put 40 U.S. presidents in its suits survived two world wars and..
SeattlePI.com - Published

Trump's last line of defense is the economy. Biden and Democrats must knock it down.

It is our job as Democrats to show voters that Trump's handling of COVID-19 led to the recession and economic devastation in their local communities.
USATODAY.com - Published

UK Treasury chief plans boost to youth jobs

LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy..
SeattlePI.com - Published

Asian shares mostly lower as pandemic saps buying momentum

TOKYO (AP) — Shares were mostly lower in Asia on Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a..
SeattlePI.com - Published Also reported by •Seattle Times

How major US stock indexes fared Tuesday

Technology companies and banks helped drive stocks broadly lower on Wall Street Tuesday as the market gave back some of the big gains it made the past couple of weeks. The sell-off snapped the S&P..
SeattlePI.com - Published

Dow falls 397 points as coronavirus concerns smother tech rally

dow falls 397 points as coronavirus concerns smother tech rally
· *US equities slumped on Tuesday, ending a five-session winning streak as soaring COVID-19 infections across the nation revived fears of a prolonged recession.* · * Facebook, Apple, Amazon,..
Business Insider - Published

'People are getting nervous again': Fed president says virus resurgence could prematurely freeze economic recovery

'people are getting nervous again': fed president says virus resurgence could prematurely freeze economic recovery
· The coronavirus' rapid spread throughout several states could dramatically slow the US economic rebound, Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said in a Tuesday web..
Business Insider - Published

Pandemic's Economic Cost Grows, E.U and O.E.C.D. Warn

Soaring unemployment will take years to control, and Europe’s recession looks deeper than it did in May, two reports find.
NYTimes.com - Published

US home prices will fall 6.6% over the next year as COVID-19 fallout worsens, report says

us home prices will fall 6.6% over the next year as covid-19 fallout worsens, report says
· *US home prices are set to fall 6.6% over the next year as the coronavirus pandemic fallout worsens, according to a Tuesday report from CoreLogic. * · *The group's home price index increased 4.8%..
Business Insider - Published

Hiring soared in May as mass layoffs eased

WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April. The Labor..
SeattlePI.com - Published

'An essential tool:' 156 top economists call for recurring stimulus checks until the economy recovers from the coronavirus pandemic

'an essential tool:' 156 top economists call for recurring stimulus checks until the economy recovers from the coronavirus pandemic
· In a recent open letter, 156 top economists urged policymakers to implement ongoing direct-cash payments to boost the economy and keep struggling people afloat. · "Direct cash payments are an..
Business Insider - Published

Dow slips 220 points as spiking COVID-19 cases dent economic-reopening hopes

dow slips 220 points as spiking covid-19 cases dent economic-reopening hopes
· *US equities slid on Tuesday as spiking COVID-19 infections across the nation revived fears of a long economic downturn.* · *A new report from the Organization for Economic Cooperation and..
Business Insider - Published

Vatican cardinal: peace is threatened as health and economic crises continue

Vatican City, Jul 7, 2020 / 07:40 am (CNA).- A Vatican cardinal has said that the world is facing a “tsunami” of humanitarian crises caused by the coronavirus emergency, conflict, and decreased..
CNA - Published

There's growing evidence that economies which fought coronavirus aggressively at the start of the pandemic are bouncing back faster than those slow to act. Just look at Germany and Vietnam.

there's growing evidence that economies which fought coronavirus aggressively at the start of the pandemic are bouncing back faster than those slow to act. just look at germany and vietnam.
· *A growing body of evidence in the form of economic indicators suggests that the countries that locked down the fastest and in the most aggressive fashion at the start of the coronavirus pandemic..
Business Insider - Published

LM Funding Announces Compliance with Bid Price

lm funding announces compliance with bid price
*TAMPA, FL / ACCESSWIRE / July 7, 2020 / LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"),* a technology-based specialty finance company, today announced that it has received a..
Accesswire - Published

Viewpoint: Sick leave mandate rightly hindered

The Texas Supreme Court has given Austin employers some much needed certainty in these very uncertain times. By declining to hear the city of Austin’s paid sick leave case, the Supreme Court left..
bizjournals - Published

3 Investing Moves You Should Never Make During a Recession

These risky moves could seriously cost you.
Motley Fool - Published

E.U. Set For a Worse Recession Than Expected: Live Business Updates


NYTimes.com - Published

Business Updates: E.U. Set For a Worse Recession Than Expected


NYTimes.com - Published

What Beer Sales Tell Us About The Recession

Cheap beer sales are surging, but cheap beers are still losing ground to craft beer. Yet craft breweries are still suffering. What is going on?
NPR - Published

Atlanta Fed president Bostic warns of a 'bumpier' road ahead, and says the US economy's recovery is 'leveling off' as COVID-19 cases surge

atlanta fed president bostic warns of a 'bumpier' road ahead, and says the us economy's recovery is 'leveling off' as covid-19 cases surge
· The Federal Reserve Bank of Atlanta's chief Raphael Bostic has warned that he is seeing signs of a "leveling off" of the US economy's recovery. · "There are a couple of things that we are seeing..
Business Insider - Published

5 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. A MICROCOSM OF AMERICAN DISUNITY Places like Saginaw County, in the battleground state..
Seattle Times - Published

A first-time founder who just launched a new food hall startup shares 5 tips for starting a business during a crisis

· The world is set to plunge deeper into recession, but that has not stopped ambitious founders from setting up new companies and raising capital. · One such founder is Dan Warne, formerly a senior..
Business Insider - Published

Surge In Coronavirus Cases Could Short-Circuit Economic Recovery

Restaurants, retail shops, and other service industries are starting to bounce back from the deep recession. But those gains could be jeopardized by a new surge of coronavirus infections.
NPR - Published

Brussels slashes EU growth forecasts

European Commission warns bloc will suffer ‘significantly’ deeper recession than previously anticipated 
FT.com - Published

Los Angeles County Lost Over 19,000 Arts, Entertainment and Recreation Jobs Since Pandemic Hit

los angeles county lost over 19,000 arts, entertainment and recreation jobs since pandemic hit
Los Angeles County has lost over 19,000 jobs in the arts, entertainment and recreation industry since February of this year, just before the coronavirus pandemic hit, according to updated figures..
The Wrap - Published

2022 Qatar World Cup cuts jobs after ' efficiency exercise'

Organizers of the 2022 World Cup have become the latest Qatari state entity to make staff redundant. The World Cup organizing committee did not directly cite the financial impact of the coronavirus..
SeattlePI.com - Published

Warren Buffett just made his first major deal since 2016. Here are Berkshire Hathaway's 10 biggest acquisitions so far.

warren buffett just made his first major deal since 2016. here are berkshire hathaway's 10 biggest acquisitions so far.
· *Warren Buffett's Berkshire Hathaway just closed its first major takeover since 2016 by acquiring Dominion Energy's natural gas transmission and storage business. * · *Berkshire had $137 billion..
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Stocks could fall 40% in a collapse mimicking the Great Depression, famed economist Gary Shilling says

stocks could fall 40% in a collapse mimicking the great depression, famed economist gary shilling says
· *The stock market faces a reckoning when investors come to terms with the coronavirus' long-term economic damage, legendary economist Gary Shilling said.* · *Shilling — who correctly called the..
Business Insider - Published

A gauge of US service activity posts is biggest monthly jump since 1997 as the economy reopens

a gauge of us service activity posts is biggest monthly jump since 1997 as the economy reopens
· The Institute for Supply Management's non-manufacturing index jumped 11.7 points to 57.1 in June, according to a Monday report. · It's the largest ever single-month jump for the index, and pushes..
Business Insider - Published

Will Covid-19's impact on your business give you a property tax break this fall?

Local property owners are about to receive a tax bill that likely will be the highest they’ve ever received but in the midst of an economic recession that’s the worst of their lives.
bizjournals - Published

Nu Skin, Tesla rise; Tailored Brands, Facebook fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Dime Community Bancshares Inc., up 18 cents to $13.03. The parent company of Dime Community Bank is merging with..
SeattlePI.com - Published

AP Explains: 5 key takeaways from a strong June jobs report

WASHINGTON (AP) — At first glance, the June employment report was a blockbuster. The U.S. economy produced a record 4.8 million added jobs last month, walloping expectations. And the unemployment..
SeattlePI.com - Published

Job Growth Slows Down As Some States Wrestle With New Coronavirus Outbreaks

The U.S. economy is slowly climbing out of a deep recession. The country added a record 4.8 million jobs last month. But now, job growth may be slowing, as the number of new coronavirus cases soars.
NPR - Published

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