Business, General, News Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data August 19, 2024 “Continued expansion would make the US look more similar to other G10 economies, where the Sahm rule has held less than 70% of the time,” economists said.
Bank of England chief sees downward interest rate trend as UK hunts for growth Economists expect policymakers to cut rates by 25 basis points at the next gathering in August, a move that would…
Cybersecurity stocks drop for a second day as new Anthropic tool fuels AI disruption fears Cybersecurity stocks are the latest to see sell-off pressure as AI threatens to upend software companies.
Bank of England cuts interest rates: Here’s what it means for your money The Bank of England’s interest rate cut is likely to bring relief to borrowers, businesses and hard-pressed consumers across the…