A recession may be around the corner. Don't panic
CNN
Around the world, warning signs of a recession are flashing.
Wall Street is on edge. Central banks are hiking interest rates to try to rein in inflation. And geopolitical upheaval is exacerbating supply chain headaches that began in 2020.
"We will get a major recession," Deutsche Bank economists warned last month, staking out the more bearish position on Wall Street. Bank of America, in the still-grim-but-less-dire camp, said the mood in financial markets has been "recessionary." Goldman Sachs is among the more optimistic of the big banks, but it's not exactly cheery: The tight labor market has "raised the risk of recession meaningfully," it said recently.
Visitors will now have to pay a fee on Martin Luther King Jr. Day and Juneteenth.
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Heartbreaking pleas for help poured into the Kerrville, Texas, police department’s Telecommunications Center as the deadly catastrophic floods swept across Texas Hill Country in the early hours of July 4.
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