The US economy will grow just 1.8% this year before shrinking by 1% in 2023, driving up unemployment, economists at Nomura said.
Airbus is in discussions with Qatar Airways to try to resolve a bitter legal and safety dispute over the A350 passenger jet, the planemaker's chief executive said on Sunday.
Cathie Wood said the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation.
World Bank President David Malpass said on Sunday that it would be very difficult for some countries to avoid a recession given global economic forces. During an appearance on CBS’s “Face The Nation,” moderator Margaret Brennan asked Malpass how countries can avoid a recession, noting the far-reaching headwinds caused by Russia's ongoing invasion of Ukraine
Musk’s comments, echoing other CEOs, are accompanied by plan to lay off 10% of Tesla’s salaried staff
El Salvador became the first country to make Bitcoin a legal tender and is
He walked along the sand with his daughter Ashley and granddaughter Natalie just 48 hours after he tumbled off his bike.
Mars CEO Grant Reid will step down from his role at the end of September after seeing unprecedented growth, the company announced Wednesday.
Musk talked about the US economy at the Qatar Economic Forum, and revealed that Tesla will cutf of 10% of its salaried employees.
The Federal Reserve, European Central Bank, Swiss National Bank and the Bank of England all moved to rein in inflation last week, albeit to varying degrees.
"I just want to go sit at the beach and do nothing. I'm not thinking about anything else," Formica told Bloomberg in an interview this week.
Heading into the busy July 4 holiday, airline analysts suggest factors like staff shortages will disrupt passengers' plans and say CEOs need to act.