Not all recessions are the same. Here's what could happen to the economy and markets

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Not all recessions are the same. Here's what could happen to the economy and markets

The question is what shape that recession will take. Recessions and recoveries come in shapes and sizes as varied as the alphabet. Perhaps that’s why economists have come to name different kinds of economic downturns after letters. But predicting which …
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New York attorney general warns against price gouging baby formula

New York consumers should be on the alert for price gouging of baby formula during a supply shortage, state Attorney General Letitia James said. The formula shortage has dragged on for the last several weeks following supply chain problems and a recall …
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Saudi Aramco overtakes Apple as world's most valuable company

Apple has lost its crown as the world’s most valuable company to oil giant Saudi Aramco, as soaring commodity prices swell profits at energy companies and technology stocks continue to slide. In a sign that the old economy is reasserting itself over …
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Climate chaos certain if oil and gas mega-projects go ahead, warns IEA chief

The world’s leading energy economist has warned against investing in large new oil and gas developments, which would have little impact on the current energy crisis and soaring fuel prices but spell devastation to the planet. Fatih …
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Tesla's stock slide raises doubts about Elon Musk's Twitter purchase

New York (CNN Business) Elon Musk’s bold plan to buy Twitter depends partly on how his investment in Tesla is doing. Uh-oh. Shares of Tesla (TSLA) have plummeted about 20% since Musk first disclosed plans to buy all of Twitter and take it private.
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