recession

Europe

Highest interest rates rise since 1989 despite ‘looming recession’

November 3, 2022

Photo of Highest interest rates rise since 1989 despite ‘looming recession’

[ad_1] The Bank of England raised interest rates by the most since 1989 on Thursday but it also warned that…

USA

‘Batten down the hatches’: Bezos and fellow billionaires are issuing recession warnings | CNN Business

October 20, 2022

Photo of ‘Batten down the hatches’: Bezos and fellow billionaires are issuing recession warnings | CNN Business

[ad_1] New York CNN Business — Even the uber-rich are on edge now about the economy. Elon Musk and Jeff…