Half of US firms likely to lay off workers amid recession fears
New poll shows 50% of American companies planning to trim workforces as economy dips into recession.
New poll shows 50% of American companies planning to trim workforces as economy dips into recession.
White House Press Secretary Karine Jean-Pierre tells Fox News' Peter Doocy what a recession 'really' means.
US sees 2nd-straight quarter of negative GDP growth, with GDP shrinking by 0.9% even as inflation remains at a 40-year high.
As recent numbers show inflation continuing to soar, Fed raises key rate 75 points for second time in two months.
Predicted recession blamed on skyrocketing energy costs, supply chain disruptions, and the war in Ukraine.
High labor demand leads to surprisingly strong growth in June, with the US economy defying predictions and adding 372,000 jobs.
With inflation hitting US consumers hard and the economy cooling, experts predict recession looming.
American economists are sounding the alarm over a potential recession next year triggered by Russia's invasion of Ukraine.
Israeli businesses take a hit in 2016, signaling possible recession as growth fails to meet expectations.
Once vaunted Israeli hi-tech sector now faces decline, as there are not enough computer science graduates to sustain growth.
The Bank of Israel is expected to cut interest rates further, in order to prompt spending in Israel's weak economy.
Despite weeks of negotiations, Obama has yet to reach a budget deal with congressional Republicans to slash the deficit.
Cellphone company Partner, and microprocessor designer and maker Freescale are laying off workers.
Europe is slipping into a recession, according to data revealed by the European Central Bank on Wednesday.
The US “slow growth” era wavers on the edge of a recession, but Barclay’s predicts the Israel economy will grow by 2.5 percent in 2012.
Iran pulled out its “oil card” Sunday, warning the West that blockading Iranian crude will result in sky-high prices at the pump.
The world's economic problems are likely to affect Israel soon, PM Netanyahu says - a day before he and other officials get salary raises.