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The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023.
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The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023.
Germany's economy unexpectedly grew in the third quarter, official data showed Friday.
Large US banks reported a round of solid quarterly profits, but cautioned of rising recession risks as the economy absorbs higher inflation.
Traders grow increasingly fearful that more big interest rate hikes will tip economies into deep recessions.
Britain is not yet in recession, revised data showed Friday in a boost for under-fire Prime Minister Liz Truss.
The Federal Reserve is poised to roll out another big increase in interest rates Wednesday.
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates.
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Almost one in five people report they are spending less money on alcohol when dining out (19 percent) and 17 percent of people are...
One in ten diners are tipping less money than the usual percentage, to save where they can (10 percent).