Browsing: Grim

Credit card delinquencies reached the highest level since at least 2012 as Americans continue to grapple with high inflation and…

Andrew Hollenhorst, chief U.S. economist at Citi, predicted on CNBC Thursday that the American economy is headed for a recession,…

The newest economic indicators from the month of October point to the U.S. entering a recession at the beginning of…

(Bloomberg) — A selloff in Chinese assets deepened on Wednesday, with a key equity gauge set to erase all gains…

(Bloomberg) — It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it…