by Mac Slavo | Aug 5, 2019 | Emergency Preparedness, Forecasting, Headline News
Up to 2% of HSBC bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as the bank flagged a worsening outlook for the global economy in its second-quarter results. The economy’s woes are beginning to manifest in real job losses,...
by Contributing Author | Jul 29, 2019 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. Growth in residential remodeling spending is expected to fall through 2H20, according to the Leading Indicator of Remodeling Activity (LIRA) published by the Remodeling Futures Program at the Joint...
by Mac Slavo | Jul 17, 2019 | Headline News
The manufacturing industry in the United States has officially sunk into a recession. The once-booming industry is struggling to stay alive amid the trade war as production slumped in the second quarter. Data from the Federal Reserve shows that production in June fell...
by Mac Slavo | Jun 11, 2019 | Forecasting, Headline News
 Morgan Stanley’s economists have taken to changing their forecasts for global growth to stagnation through year-end rather than a continued recovery. This is a result of “sustained escalation and incremental tariffs further slowing growth projections to...
by Contributing Author | Jun 7, 2019 | Emergency Preparedness, Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. According to payroll...
