Jonathan Ponciano, Forbes Staff

“For many people, 2023 will feel like a recession,” the organisation says.

Leaders of the World Bank and the International Monetary Fund warned of a growing risk of an economic slowdown next year.

Prolonged inflation has forced the Fed to hike interest rates more aggressively than previously expected.

Cathie Wood’s Ark splurged on US$32 million in Tesla shares as stock drops.