President Biden reacted Thursday to news of a second straight quarter of economic contraction by focusing instead on the strength of the labor market, a tactic the White House has…
Non-bank mortgage lender Pennymac Financial Services laid off 32 additional employees in July, ahead of the second-quarter earnings report due Aug. 2. This is the California-based company's third round of…
Now we know. The economy has actually contracted for two consecutive quarters, falling a modest 0.9% in the second three months of the year after falling 1.6% in the first…
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Are we in a recession right now?…
Americans want to know: is it a recession or not?Officially, the National Bureau of Economic Research defines a recession as "a significant decline in economic activity that extends throughout the…
The number of people looking for work in Spain fell below 3 million for the first time since the global financial crisis 14 years ago, as the unemployment rate fell…
A financial planner helps you chart the course of your financial life, from budgeting and saving to reducing your tax burden and passing on a financial legacy to your children.…
Landmark deal resets U.S. climate and clean energy goals and boosts prospects for global progress Washington has reached a far-reaching agreement on clean energy and climate policy that dramatically improves…
JGI/Jamie Grill | Tetra Images | Getty ImagesAs the US economy contracts for a second straight quarter - a definition of a recession - many Americans are unprepared for an…
The Debt Management Office (DMO) claims that financing infrastructure projects with Sukuk has improved the living standards of Nigerians as well as the country's economic growth. Patience Oniha, Managing Director…