The Latest Breaking News from Recession

U.S. employers added more jobs in July than forecast, illustrating rock-solid labor demand that tempers recession fears and suggests the Federal Reserve will press on with steep interest-rate hikes to thwart inflation.

The odds of a recession is rising amid the relentless inflation and the Fed’s hawkish stance on it. Market uncertainties are widespread, and investors must exercise extreme caution at this hour. We think quality ETFs Consumer Staples Select Sector (XLP), Invesco Preferred (PGX), and Vanguard Utilities Index (VPU) could be…

Institute for Fiscal Studies (IFS) chief Paul Johnson said it was a 'mystery' why Tory leadership hopefuls were obsessing over tax cuts when the country was heading into recession

Amid projections of higher inflation and a recession that could last more than a year, the Institute for Fiscal Studies has made one thing clear: whoever wins the Conservative leadership election will have to provide more support for households.

Bank of England’s dire new forecast sparks recession fears

The U.S. economy has contracted for two straight quarters, intensifying fears that it is on the cusp of a recession, if not already in one, barely two years after the pandemic downturn officially ended

Revenues at the advertising network that houses Ogilvy and Grey jumped 10.2% to £6.75 billion in first half of year

Inflation will reach 13 per cent by the end of the year, the Bank predicts

‘They didn’t want to turn up. They haven’t got time for us in their busy schedule,’ presenter said