Browsing: Recession

Watch: Dawn Desjardins of Deloitte Canada discusses the economy and the Bank of Canada

Businesses and consumers are feeling more positive about the economy as interest rate cuts approach

Federal Reserve Chair Jerome Powell stated on Friday that he sees no evidence to believe that the U.S. economy is near a recession. “The economy is performing well,” Powell stated at a conference in San Francisco. “As I mentioned, the economy is in a good state. There is no cause to believe that the economy is in a recession…

As if it wasn’t enough NIH funded grant applications are at a 20% low, according to a proposed federal discretionary civilian spending cut plan back to 2008 levels, biomedical researcher funds could drop by half, to a historical low of 10%.  National Institutes of Health (NIH) Director Francis Collins spoke in detail about the issue […]