Tag: recessions and depressions
-
Britain’s Conservative government announces tax cuts it hopes can lift its ailing election fortunes
—
by
British Treasury chief Jeremy Hunt is seeking to bolster spirits within his Conservative Party with a series of tax cuts that he hopes can turn the political tide ahead of a general election this year
-
Montreal’s ‘Just for Laughs’ comedy festival cancels this year’s edition, seeks to avoid bankruptcy
—
by
The Montreal company that operates the “Just for Laughs” comedy festival has canceled this year’s event as it seeks to avoid bankruptcy
-
University of Arizona president to get a 10% pay cut after school’s $177M budget shortfall
—
by
University of Arizona President Robert Robbins is getting his salary cut, but he doesn’t have a problem with that
-
Bitcoin bounces back to new high less than two years after the collapse of FTX exchange crushed prices
—
by
NEW YORK (AP) — Bitcoin bounces back to new high less than two years after the collapse of FTX exchange crushed prices.
-
Puerto Rico’s power company holds a massive debt. A key hearing to restructure it has started
—
by
A key hearing over the future of Puerto Rico’s crumbling power company and its staggering $9 billion debt has begun following years of acrimonious talks between the U.S. territory’s government and creditors seeking to recover their investments
-
Stock market today: Asian shares track Wall Street rally as Japan’s Nikkei nears a record high
—
by
Shares in Asia are higher, with Japan’s benchmark Nikkei 225 index approaching a record high
-
Japan slips into a recession and loses its spot as the world’s third-largest economy
—
by
Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany
-
UK fell into recession at the end of 2023 as economy takes center stage in runup to general election
—
by
The British economy fell into recession at the end of 2023 as output shrank more than anticipated in the final three months of the year
-
Recession has struck some of the world’s top economies. The US keeps defying expectations
—
by
Both Japan and the United Kingdom said Thursday their economies weakened during the final three months of 2023
-
Recession has struck some of the world’s top economies. The US keeps defying expectations (copy)
—
by
Both Japan and the United Kingdom said Thursday their economies weakened during the final three months of 2023