China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic MeltdownChina’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
Black Monday Hits Wall Street: Major Indices Suffer Worst Drop in Two YearsThe shock of Black Monday, which saw a significant plunge in the stock markets of major Asian countries, reached the New York Stock Exchange.
Is a Recession Looming? U.S. Stocks Plunge, Global Markets FollowSouth Korea's Ministry of Economy and Finance held an emergency joint meeting with related agencies today to review financial market trends.
Goldman Sachs Raises U.S. Recession Risk to 25%—Why They're Still OptimisticAccording to foreign reports, Goldman Sachs has increased the probability of a recession in the U.S. next year from 15% to 25%.
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