Tag: Recessions and depressions
Argentina’s Milei marks one year in office. Here's how his shock measures are reshaping the economy
BUENOS AIRES, Argentina -- When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases on an almost...
US hiring likely rebounded last month after storms and strikes curtailed October job growth
WASHINGTON -- Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to...
Wall Street parties like it's 1998 as AI fuels gains unmatched since dot-com era
NEW YORK -- The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs...
Is Enron back? If it's a joke, some former employees aren't laughing
HOUSTON -- An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in...
'Everything is expensive!' Bolivia faces a shocking economic collapse
EL ALTO, Bolivia -- Fuel is rapidly becoming one of Bolivia’s scarcest commodities.Long lines of vehicles snake for several kilometers outside gas stations...
Germany's top court rejects renewable energy producers' case against use of windfall profits
BERLIN -- Germany's highest court on Thursday rejected complaints by renewable energy producers against a government decision in 2022 to use their “excess...