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The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says

Shilling told Business Insider that wave of layoffs could come as employers realize the economy was weaker than they thought.

Stock Market Crash: Recession to Spark 30% Correction, Top Forecaster Says

Shilling told Business Insider that wave of layoffs could come as employers realize the economy was weaker than they thought.

Forecasting the Coming Week: Fedspeak and the BoE meeting come to the fore

Starbucks Shakes Things up and More Foodservice News

Starbucks shakes things up, literally and figuratively. Which retailer is getting into the restaurant biz? What is to come of the all-night diner? TGI Fridays’ future takes shape. Red Lobster is treading water. These stories and more This Week in Foodservice.

Leading economic index sees decline in March

Negative annual growth rate for Cyprus s Leading Economic Index (LEI) was recorded in March, showing an annual decline of 0.9% following a 0.6% decrease in February and a 0.2% increase in January 2024, respectively, according to recent and revised data.According to estimates by the University of Cyp