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The lira's crash 'looks certain to push the Turkish economy into recession and may well trigger a banking crisis'

THE LIRA'S CRASH 'LOOKS CERTAIN TO PUSH THE TURKISH ECONOMY INTO RECESSION AND MAY WELL TRIGGER A BANKING CRISIS'

The lira crisis is bad enough to push Turkey from 7% GDP growth into recession, according to Capital Economics. Contagion will be limited...

The New Housing Crisis: Shut Out Of The Market

THE NEW HOUSING CRISIS: SHUT OUT OF THE MARKET

Ten years after a housing collapse during the Great Recession, home values have rebounded but there are too few homes on the market....

 
 
 
What 5 Successful Designers Learned From Launching During the 2008 Recession

WHAT 5 SUCCESSFUL DESIGNERS LEARNED FROM LAUNCHING DURING THE 2008 RECESSION

About 10 years ago, Americans suffered the worst effects of the Great Recession. Net worth declined while unemployment rates skyrocketed,...

 
 
 
In Rare Interview, Charles Koch Suggests Political Spending May Dip

IN RARE INTERVIEW, CHARLES KOCH SUGGESTS POLITICAL SPENDING MAY DIP

He also warned that the Trump administration's push for a trade war could trigger a recession.

Phillies' 7-homer binge produces 9-4 win over Reds

PHILLIES' 7-HOMER BINGE PRODUCES 9-4 WIN OVER REDS

CINCINNATI - The Philadelphia Phillies are having so much fun right now that Nick Williams compared them to kids at recess.

 
 
 
Rising Temperatures Linked To Increased Suicide Rates

RISING TEMPERATURES LINKED TO INCREASED SUICIDE RATES

Scientists warn the impact of climate change may be as large as economic recessions, which are known to increase self-harm.

Beware - The Last 7 Times The Yield Curve Inverted The U.S. Economy Was Hit By A Recession

BEWARE - THE LAST 7 TIMES THE YIELD CURVE INVERTED THE U.S. ECONOMY WAS HIT BY A RECESSION

Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the...

 
 
 
Nearly 40 Million Americans Are Still On Food Stamps

NEARLY 40 MILLION AMERICANS ARE STILL ON FOOD STAMPS

If the U.S. economy is “doing well”, then why are almost 40 million Americans still on food stamps? That number is almost exactly where...

A new twist to modernism

A NEW TWIST TO MODERNISM

German artist Michael Kunze depicts the inner recesses of the human mind through diverse architectural landscapes

 
 
 
Canadians spend less on tourism at home for second consecutive quarter

CANADIANS SPEND LESS ON TOURISM AT HOME FOR SECOND CONSECUTIVE QUARTER

For the first time since the last recession, Canadians spent less money on tourism at home for a second consecutive quarter. A report...

 
 
 
How To Face The Next Bear Market With Confidence

HOW TO FACE THE NEXT BEAR MARKET WITH CONFIDENCE

We're about nine years into the economic recovery following the Great Recession. It's been an extraordinarily profitable period for...

The bank for central banks is blaring the siren on a new debt crisis that could cause a long and painful recession

THE BANK FOR CENTRAL BANKS IS BLARING THE SIREN ON A NEW DEBT CRISIS THAT COULD CAUSE A LONG AND PAINFUL RECESSION

The Bank for International Settlements , nicknamed the bank for central bankers, said in a report that the ballooning levels of public...

 
 
 
Hey Bill Maher: This Liberal Also Slammed Your Rooting For a Recession

HEY BILL MAHER: THIS LIBERAL ALSO SLAMMED YOUR ROOTING FOR A RECESSION

Friday night on his HBO show, Bill Maher doubled down on his recent rooting for a recession because he believes that an economic downturn...

Kids at Play: 1940

KIDS AT PLAY: 1940

May 1940. "Recess time at grade school in Hobbs, New Mexico." Medium format negative by Russell Lee for the Farm Security Administration....

 
 
 
Mitch McConnell Cancels Senate's August Recess

MITCH MCCONNELL CANCELS SENATE'S AUGUST RECESS

The majority leader blamed Democrats for slow-walking President Trump's nominees. He also said the Senate will use the extra time to...

 
 
 
Mitch McConnell Cancels Senate's August Recess, Blames Dems: ‘Historic Obstruction'

MITCH MCCONNELL CANCELS SENATE'S AUGUST RECESS, BLAMES DEMS: ‘HISTORIC OBSTRUCTION'

Mitch McConnell has ordered the Senate into overtime by cancelling most of the August recess. The Senate Majority Leader blamed “historic...

The tech IPO market has become a good predictor of a recession and this chart shows why we may be due for another one soon

THE TECH IPO MARKET HAS BECOME A GOOD PREDICTOR OF A RECESSION AND THIS CHART SHOWS WHY WE MAY BE DUE FOR ANOTHER ONE SOON

The economy may be headed for a recession soon, data on tech public offerings seem to indicate. Over the last 30 years, one telling...