News
Payrolls awaited as markets fear recessionBy Lucia Mutikani WASHINGTON (Reuters) - Jobs data on Friday could prove a make-or-break moment for global financial markets increasingly alarmed that the world's largest economy could skid into a fresh recession. Concerns over the weak US recovery and ... read more
Time to Say It: Double Dip Recession May Be Happening
It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again. The unrelenting negative economic news of the past two weeks has painted a picture ... read more
Commodities Slide As Recession Fears Take Their Toll
Traders said the world is waking up to the reality that the eurozone debt problems aren't going away, and that the US is struggling to keep itself from drifting into a recession. Market participants will be closely watching the US July nonfarm payroll ... read more