Us Recession

The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.

Benchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid a sharp global stocks rally.

Indian indices opened higher today following a rally in Asian markets as US central bank officials soothed investor nerves.

A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.

Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.

The US economy faces recession risks with potential for a 30% stock market drop, according to BCA Research.

Harry Dent cautioned that the "everything" bubble has still yet to burst, and it may be a bigger crash than the Great Recession.

The United States may see a deep recession soon, and such a scenario would impact not only India's services sector, which is a key component of the country's GDP, but also bring about volatility in the bond and equity markets, a top economist said.

When everyone expects a soft landing, brace for impact. That's the lesson of recent economic history - and it's an uncomfortable one for the US right now.

Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods.

The euro dropped on Thursday as Europe's largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak, benefitting from safe-haven demand as worries mounted about a US default.

Benchmark indices extended their winning run on Tuesday morning helped by continuous buying from foreign institutional investors and on signs that recession fears in the US are easing.

Heightened worries about the strength of consumers and the global economy have been put on hold - at least for now - after some of the world's best known companies delivered a slew of better-than expected numbers.

Just three years ago, when OPEC+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target.

Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...

The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.

Benchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid a sharp global stocks rally.

Indian indices opened higher today following a rally in Asian markets as US central bank officials soothed investor nerves.

A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.

Indian markets experienced one of the worst falls today following the global bloodbath with both the Nifty and Sensex registering high losses during the opening trade.

The US economy faces recession risks with potential for a 30% stock market drop, according to BCA Research.

Harry Dent cautioned that the "everything" bubble has still yet to burst, and it may be a bigger crash than the Great Recession.

The United States may see a deep recession soon, and such a scenario would impact not only India's services sector, which is a key component of the country's GDP, but also bring about volatility in the bond and equity markets, a top economist said.

When everyone expects a soft landing, brace for impact. That's the lesson of recent economic history - and it's an uncomfortable one for the US right now.

Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods.

The euro dropped on Thursday as Europe's largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak, benefitting from safe-haven demand as worries mounted about a US default.

Benchmark indices extended their winning run on Tuesday morning helped by continuous buying from foreign institutional investors and on signs that recession fears in the US are easing.

Heightened worries about the strength of consumers and the global economy have been put on hold - at least for now - after some of the world's best known companies delivered a slew of better-than expected numbers.

Just three years ago, when OPEC+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target.

Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...