Recession
JPMorgan forecasts a U.S. recession in the second half of 2025 due to the impact of President Trump’s tariffs. Chief U.S. economist Michael Feroli predicts a two-quarter recession, with GDP contracting by 1% in Q3 and 0.5% in Q4, resulting in an overall decline of 0.3% for the year. Feroli also expects the unemployment rate […]
Due to a possible recession, ride-hailing service Lyft is laying off 13% of its employees. Co-founders Logan Green and John Zimmer shared the tough news by stating: “There are several challenges playing out across the economy,” the memo reads. “We’re facing a probable recession sometime in the next year and rideshare insurance costs are going […]
The coronavirus pandemic is still affecting millions American’s ability to earn an income. Even people with jobs are struggling to get by, now that they need to afford child care as schools are slowly re-opening with limited in person teaching. The government has thrown around the idea another stimulus check, but lawmakers are deadlocked and […]
-
Pages
WDKX Holiday Stream