The Latest Breaking News from Recession

The economy's scale, diversity and adaptability have allowed it to continue chugging along whenever crises arise.

Payrolls shed 92,000 jobs in February, openings keep falling, and Goldman says the breakeven rate isn't being met. The labor market is sending a warning.

“The fear? That this will result in skyrocketing energy prices that send the world economy plummeting into a deep recession.”

Markets enter a critical week following last week's February jobs report that showed the U.S. economy lost around 92,000 jobs, which was a dramatic miss that has intensified recession concerns and raised questions about economic resilience amid escalating geopolitical tensions.

Iran’s apparent erratic strikes all over the Gulf and now Azerbaijan, together with its stranglehold of the vital Strait of Hormuz, have resulted in a growing strain on the world’s global energy supplies with incalculable consequences ahead.

The red jobs are what AI is doing now, Anthropic says. The blue ones are what it's coming for next.

When the economy takes a massive downturn, the grocery store becomes a highly stressful environment for any family. You watch your monthly income stagnate while the price of basic bread and milk continues to climb relentlessly. Surviving a recession requires a completely different approach to how you stock your kitchen…

Trump has given the Iran war four weeks. But if the conflict drags on, economists warn the euro could slide — and prominent economist Daniel Stelter goes further, predicting a full recession.

The closure of the Strait of Hormuz could impact global energy supply chains and drive up oil prices, which analysts believe could lead to a worldwide recession.