The bank, the biggest in the United States, reported a large profit in its latest quarter, but said it was girding for a downturn later in the year.
Tag: Recession and Depression
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I.M.F. Sees World Economy Rebounding, Yet Still Fragile, in 2023
Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
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U.S. employers added 223,000 jobs in December.
Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.