NEW YORK — Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going. The S&P 500 moved between modest gains and...
Stocks Slide After Bond Market Warns Again of Recession
NEW YORK — Stocks fell sharply Wednesday after the bond market threw up another warning flag on the economy. The yield on the 10-year Treasury briefly dropped below the two-year Treasury's yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions and is the...
Is It Too Early To Worry About a Recession? Maybe Not.
The U.S. unemployment rate is 3.9%, lowest since 2000. Corporate investment is showing muscle, consumer spending is surging and the economy is growing at a healthy clip. The last thing anyone should worry about is a recession, right? Gloomy Signal From Bond Market Not to rain on anyone's parade, but...