Premarket stocks: The strange reason America’s economy is shrinking

Premarket stocks: The strange reason America’s economy is shrinking

Factories shutting down. A wave of job losses and few open positions. Huge financial losses that batter most industries. So what is happening, and where could we be headed? The answer to both questions could be found in the country’s stockrooms. Breaking it down: US GDP for the second quarter fell at an annualized rate

How Great American Manufacturing Comeback Can Save Economy From Recession, Inequality

How Great American Manufacturing Comeback Can Save Economy From Recession, Inequality

Over the past 60 years, the type of work Americans do has undergone a dramatic shift. Back in the 1950s and 1960s, nearly a third of people worked in manufacturing — building the cars, airplanes, washing machines, and televisions that their neighbors used and that defined America. Nowadays, more than 80% of Americans work in

Germany’s Rhine river levels running low putting economy at risk

Germany’s Rhine river levels running low putting economy at risk

A photo taken on July 18, 2022 shows a puddle of water amid the nearly dried-up river bed of the Rhine in Cologne, western Germany, as many parts of Europe experience a heatwave. Ina Fassbender | AFP | Getty Images The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low

Global recession risk rising as economic outlook ‘darkens significantly’, IMF says | Global economy

Global recession risk rising as economic outlook ‘darkens significantly’, IMF says | Global economy

The outlook for the global economy has “darkened significantly” in recent months, the head of the IMF has warned, and the world faces an increasing risk of recession in the next 12 months. The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hundreds of millions of people, Kristalina Georgieva

China’s economy didn’t bounce back in the second quarter, survey finds

China’s economy didn’t bounce back in the second quarter, survey finds

China’s exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for export. Si Wei | Visual China Group | Getty Images BEIJING — Chinese businesses ranging from services to manufacturing reported a slowdown

CNN economic analyst says in order to have a ‘kinder’ economy, inflation needs to occur

CNN economic analyst says in order to have a ‘kinder’ economy, inflation needs to occur

NEWYou can now listen to Fox News articles! The New York Times published a new episode of “The Ezra Klein Show” on Friday featuring an interview with Rana Foroohar, CNN’s global economic analyst and a Financial Times columnist. In the interview, Foroohar called for a ‘kinder’ and more environmentally friendly economy, and said inflation must

Former Microsoft CEO talks economy, China policy: ‘Inflation is on everybody’s mind’

Former Microsoft CEO talks economy, China policy: ‘Inflation is on everybody’s mind’

NEWYou can now listen to Fox News articles! Former Microsoft CEO Steve Ballmer, founder of USAFacts, joined “Special Report” on Monday to react to the state of the U.S. economy. USAFacts provides what it calls a non-partisan “data-driven portrait of the American population, US governments’ finances, and governments’ impact on society.” In that regard, Ballmer