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Rising interest rates plus a strong dollar equals stiff economic headwinds.
The ups and downs of the stock market don’t always predict the future of the economy. But stocks can give us some clues about where investors think the economy is headed.
Other tech companies are also cutting jobs and scaling back recruitment after years of rapid hiring.
The winners: former Fed Chair Ben Bernanke, Douglas Diamond of the University of Chicago and Philip Dybvig of Washington University.
Just one-third of those surveyed expect that recession to be minimally painful and brief.
Retailers are worried that inflation and fear of a potential recession will impact holiday spending.
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.
Some laid-off workers are surprised at how fast they were able to find new positions, says Sarah Chaney Cambon of The Wall Street Journal.
Trade groups say the industry is in recession, but prices are still high and foreclosures are low.
One therapist and executive coach says that recession fears are prevalent, but there are ways to mitigate the anxiety.