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Lakshman Achuthan
Economist Lakshman Achuthan of the Economic Cycle Research Institute says that the US is in a recession. Do you agree?
Will weakness in real estate and in mortgages send the U.S. into recession?
2 votes so far
Leader:
Yes, the mortgage crisis is driving the economy down
Yes, the mortgage crisis is driving the economy down
Hotel owners seeking relief from rising costs, decreased demand and financially crushing franchise/brand fees are finding new profits with Magnuson Hotels’ low cost franchise alternative. Magnuson Hotels, the world’s largest independent hotel group, announced today signing 250 new hotel affiliate...
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July 7 (Bloomberg) -- Share sales by companies traded on London's Alternative Investment Market fell 73 percent in the second quarter, amid concern that a U.S. recession may slow global economic growth, according to a study by Grant Thornton.
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The fears about U.S. recession that hovered over Latin American equity markets and economies at the start of the 2008 are being overshadowed by rising inflation and higher interest rates in the second half of the year.
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The bad economic news continued to pile up in the United States today, cementing Bay Street economists’ expectations for a U.S. recession, and that the Federal Reserve Board will have to keep rates on hold for now.
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Type verification code in the box and submit. Mumbai: This may be one of the worst times the IT firms have ever faced. Instability in Global market and the U.S recession have made the firms hard to sustain.
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The R-word has a scary ring to it. Here's what the latest downturn really means to business owners.
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NEW YORK . U.S. consumers are the gloomiest they've been since the tail end of the last prolonged recession. Inflation, sinking home values and soaring gas prices have pushed confidence to the lowest level since 1992. Consumers' view of the economic future has never been lower, raising...
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NEW YORK - U.S. consumers are the gloomiest they've been since the tail end of the last prolonged recession.
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The most likely outcome of any US recession is a “soft decoupling” in which the rest of the world slows a bit but avoids a recession or sharp decline in growth.
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The country's outsourcing companies are confident the industry's growth will not be stopped by U.S. economic woes or negative portrayals in the press
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