Tagged: Economy

World Bank: Recession a Looming Threat for Global Economy

World Bank: Recession a Looming Threat for Global Economy

Banking & Finance

Though the United States might avoid a recession this year — the World Bank predicts the U.S. economy will eke out growth of 0.5% — global weakness will likely pose another headwind for America's businesses and consumers, on top of high prices and more expensive borrowing rates. read more >

Business Groups Urge Congress to Block Potential Rail Strike

Business Groups Urge Congress to Block Potential Rail Strike

Transportation

The business groups led by the U.S. Chamber of Commerce, National Association of Manufacturers and National Retail Federation said even a short-term strike would have a tremendous impact and the economic pain would start to be felt even before the Dec. 9 strike deadline. read more >