recession

Russia ‘on the verge of going right into a recession,’ financial system minister warns – Nationwide

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Russia ‘on the verge of going right into a recession,’ financial system minister warns – Nationwide

Russia’s economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister Maxim Reshetnikov warned on Thursday. Reshetnikov delivered the downbeat message at Russia’s annual showcase economic forum in the northern Russian city of St Petersburg, an event sometimes called “the Russian Davos” which is meant … Read more

Treasury yields slide after retail gross sales tumbled in Could, elevating recession fears

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Treasury yields slide after retail gross sales tumbled in Could, elevating recession fears

U.S. Treasury yields fell on Tuesday after retail sales narrowed more than Wall Street economists had expected, lifting bond prices and raising concern that the economy is headed for a slowdown or even a recession. The yield on the benchmark 10-year Treasury note fell more than 6 basis points to 4.387%, while the 2-year Treasury … Read more

CEO recession expectations decline from April scare, survey says

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CEO recession expectations decline from April scare, survey says

Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday. Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s … Read more