Inflation expectations and the outlook for household spending growth fell sharply in September as the Federal Reserve’s rate increases take hold in the U.S. economy.
‘The worst is yet to come’: IMF issues stark recession warning
The International Monetary Fund has once again downgraded its forecast for the global economy with a sharp warning: “The worst is yet to come, and for many people 2023 will feel like a recession.”
Uber, Lyft and DoorDash tumble as Biden administration proposes gig-worker rule that eases path to full employee
Gig-work stocks DoorDash, Lyft and Uber all fell Tuesday after the Labor Department unveiled a proposal on how companies classify workers.