By Greg David, THE CITY Strong job growth and Wall Street bonuses show momentum but consumers are worried, tourism could weaken and layoffs loom. New York City is stuck in the middle of two crosscurrents that will determine whether the local economy will continue to grow this year or plunge into a recession. Big Wall […]
More than 86 percent of global CEOs anticipate a recession to hit over the next 12 months with 58 percent expecting it to be mild and short, according to KPMG’s recent CEO Outlook report. The flagship report, which is in its eighth staging, asked more than 1,300 CEOs at some of the world’s largest businesses […]