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The forecast predicted fewer shoppers will be purchasing jewelry as holiday gifts.
Justin Theal, an officer with The Pew Charitable Trusts’ State Fiscal Health team, calls Connecticut “one of the most financially secure states going into the recession.”
"Acting on emotion is one of the biggest detriments to an investment portfolio," said McCormick.
There’s been a lot of speculation from various commentators and guests on the cable TV talk-fests recently about the U.S. being in a recession....
Federal Reserve Chairman Jerome Powell warns that the COVID-19 pandemic could result in a long-term recession and urges additional action by Congress and the White House to prevent it.
The median forecast of the National Association for Business Economics survey calls for annualized real GDP growth of -2.4% in Q1 and -26.5% in Q2 2020. After modest growth of 2% in Q3, the median forecast calls for growth to strengthen to 5.8% in Q4 and 6% in Q1 2021.
“The election will be a game-changer if we shift back to higher taxes and more regulation," Webster Bank Senior Vice President Steve Andrews told members of the Norwalk Chamber of Commerce on Jan. 14. "Assuming there’s no change in November, I think we’ll probably go another couple of years without a slowdown.”
"Customers will always try to find cheaper replacements if and when a recession hits," said Kelly Campbell at Agency Growth Consultant LLC in Nyack.
U.S. consumers should prepare for the possibility of a recession unfolding during the next 18 to 24 months. That’s the prediction from San Francisco-based behavioral...
The underlying theme for the event was that being a woman who has achieved success in business does not automatically insulate that person from the everyday issues of women's health, wealth and well-being.
Ray Dalio’s Westport-based hedge fund Bridgewater Associates has made a total short bet of $22 billion against some of Europe’s major corporations.
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