The Latest Breaking News from Recession

GDP shrank for a 2nd quarter in a row. While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. Parts of the economy are clearly struggling.

Amid fears that European economies would face a recession as a result of the Russian-Ukrainian war, economists expected that the Saudi-French talks would enhance strategic partnerships that will help stabilize global energy and oil markets, and reduce the challenges facing food supply chains. Dr.

After going backward from January through March, the U.S. economy probably didn’t do much better in the spring

New forecasts by Australia’s government say runaway inflation will remain unacceptably high for the next two years and economic growth will slow without falling into recession

There are many indicators that the country is headed for a recession

Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focused on taming it with higher borrowing costs

Forecasting a peak in inflation to 7.75 per cent by the year's end, the Treasurer says Australians must brace to take some "tough medicine" if the nation is to escape a recession.

The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a percentage point on July 27, 2022.

Thursday: Treasurer trims economic growth prediction amid warnings the world is ‘on the edge’ of global recession. Plus: a deep dive into colonic irrigation clinics

Investors’ concerns over the Fed’s hawkish stance to lessen the inflationary pressure and rising odds of the economy tipping into a recession have kept the stock market highly volatile of late. While the market downturn creates attractive buying opportunities, avoiding fundamentally weak stocks, The Walt Disney (DIS) and Sea (SE)…

Concerns over the Fed’s aggressive interest rate hikes and growing odds of the economy sliding into a recession are expected to keep the stock market highly volatile in the upcoming months. Amid these volatile market conditions, it could be wise to invest in high dividend-yielding stocks Texas Instruments (TXN), Visa…