Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on Sept. 21, 2022.
The head of JPMorgan Chase & Co. said he expects the United States will be in a recession"six, nine months from now," and Europe is already in one.CEOs are battening down the hatches even though most are expecting a mild recession Meta's Mark Zuckerberg has reportedly told his staff to expect layoffs in the near future. And FedEx, which is seen as an economic bellwether, is closing stores and cutting back on deliveries as its CEO warns of a global recession.
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It's almost impossible to find a CEO who isn't bracing for a recession98% of CEOs are gearing up for a recession in the U.S. in the next 12 to 18 months, a new trade survey finds. The majority expect it to be 'brief and shallow,' yet still anticipate boosting pay by 3% or more.
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Flood '98: KSAT's complete video documentary of the South Texas flood of 1998The Alamo City officially got 11.26″ of rain on Oct. 17, 1998. Lives were lost, homes were damaged, and South Texas communities were left with the devastating remains of a 500-year-flood. Here is KSAT's complete video documentary of the South Texas flood of 1998.
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24 years ago, the tragic flood of ‘98 came through San AntonioThe Alamo City officially got 11.26″ of rain that day. Mike Osterhage revisits his battle getting to the station in a soaked city.
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Around 3.3 mln Americans received updated COVID boosters last week - CDCNearly 3.3 million people in the United States received updated COVID-19 booster shots over the past week, the Centers for Disease Control and Prevention (CDC) said on Thursday.
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