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The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic.
Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
Some of the key economic events during the collapse of the Japanese asset price bubble include the 1997 Asian financial crisis and the dot-com bubble. In addition, more recent economic events, such as the 2007–2008 financial crisis and August 2011 stock markets fall have prolonged this period. Black Wednesday: 16 Sep 1992 UK
But the good news is that a potential rate cut this week will get things moving in the right direction -- and that could help the S&P 500 follow the recent historical trend and rise in the coming ...
On Friday, the September jobs report is expected to show 130,000 nonfarm payroll jobs were added to the US economy with unemployment holding steady at 4.2%, according to data from Bloomberg.
2020s in United States history is a narrative summary of major historical events and issues in the United States from January 1, 2020, through December 31, 2029. The first part is divided chronologically by Congressional sessions and the second part highlights major issues that span several years or even the entire decade.
A tech rally pushed the major indexes to new highs last week as the latest economic data releases did little to shake investor confidence that the Federal Reserve will cut interest rates at its ...
Inflation was under control by the mid-1980s. Influenced by low and stable oil prices in combination with a steep rise in private investment and rising incomes, the economy entered what was at the time the second longest peacetime economic expansion in U.S. history. [4] [5] Mar 1991– Mar 2001 120 +2.0% +3.6%