US officially in a recession
US sees 2nd-straight quarter of negative GDP growth, with GDP shrinking by 0.9% even as inflation remains at a 40-year high.
US sees 2nd-straight quarter of negative GDP growth, with GDP shrinking by 0.9% even as inflation remains at a 40-year high.
Predicted recession blamed on skyrocketing energy costs, supply chain disruptions, and the war in Ukraine.
Presidential tweet blaming economic woes on the GOP met with backlash from Republican lawmakers and commentators.
High labor demand leads to surprisingly strong growth in June, with the US economy defying predictions and adding 372,000 jobs.
Biden administration touts economic accomplishments amid record high inflation and fears of recession.
New White House Press Secretary wants to play a 'Jedi mind trick' and remind us all how 'bad' the economy was like under President Trump.
New report indicates Israel's gross domestic product declined by 1.6% during first quarter of 2022.
With a stronger shekel and lower inflation, companies are making money without passing on savings to consumers.
The Exiles have returned and the Land bears abundant fruits, two prophetic signs of Redemption, but Torah and economic wealth are as well.
Strong job growth for October shows the American economy on the upswing, with the jobless rate falling to 4.6 percent.
Resignations jump 107% over 2012 levels as many job vacancies remain unfilled.
A merit-free economy and a doomed society are wedded. Discard merit and you invite collapse. Witness South Africa. Op-ed.
A YouTuber travels to Lebanon and realizes the local currency has lost 90% of its value and exchange rates are changing on the hour.
With more and more covid 19 restrictions eased, many employees across the UK and US are making a way back to the office.
U.S. Fed Chair Jerome Powell predicts strong economic growth ahead but not every sector of the economy is recovering at the same pace.
Adva Center says poor, middle class have taken the brunt of the economic fallout of the last year while the rich have gotten richer.
What is missing from the chatterbox TV news programs is the vitally important plans of each party for the future of Israel's economy. Op-ed
Bennett's new campaign for Economic Party voters: 'We'll lower taxes, take care of economy. Zelicha does not pass electoral threshold.'
PM holds press conference outlining 5-stage plan for opening economy by April.
Financial analyst Dudi Reznik thinks that the economy is has suffered less under this lockdown than the ones before it.
The head of the Magen Yisrael vaccination program says that vaccination is the key to avoiding a fourth lockdown.
Justice Ministry pushes 2 bills designed to help businesses facing insolvency, customers changing banks.
Which candidates and parties are going to address the pressing issues facing Israel once, hopefully, the vaccine changes reality? Op-ed..
Numbers speak for themselves, and while small businesses and workers will need help to recover, the data here will make it possible. Op-ed.
Government approves ten percent cut in the salaries of ministers and Knesset members.
Lapid says Netanyahu crisis response 'not just detached, it's dangerous.'
Government says US economy shrank this spring at fastest rate ever recorded, contracting by nearly 10% in just three months.
PM Netanyahu, Finance Minister Katz present plan to aid businesses hurt by coronavirus restrictions.
Restaurants, bars, pubs, swimming pools, tourist attractions to reopen. Social distancing rules to be maintained.
MK Shaked furious at incoming Economy Minister intention to promote social policy in office: 'There's real fear Israel will be poorer.'
Russia, Saudi Arabia scramble to cut production as oil prices suffer unprecedented collapse, falling into negative territory for first time.
PM, Finance Minister present plan to provide grants to self-employed amid further restrictions on economy in response to coronavirus.
Haim Toledano is delighted: 'Another exceptional Israeli achievement that will benefit our economy and reputation worldwide.'
Health Ministry officials insist total shutdown of businesses, enforced home quarantine, is the only way to curb spread of virus
PM Netanyahu promises to invest in helping Israel's economy and healthcare system weather coronavirus. 'We're in a good situation.'
PM convenes discussion on economic impact of the coronavirus, says Israel not in danger of running out of supplies and food.
Small businesses will be especially hard hit by fallout from Coronavirus. Government needs to extend tax breaks, provide safety net
PM Netanyahu holds discussion at his residence on Israeli economy's readiness for the consequences of the Coronavirus.