The Latest Breaking News from Recession

The ASX slumps to an 18 month low after yesterday's rally on Wall Street vanishes in a sea of red, with investors taking flight as both the UK and Switzerland raise official interest rates.

In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.

Financial analysts worry that the recent move into a ‘bear market’ foretells a coming recession

President Joe Biden says the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets

The Federal Reserve’s continued monetary policy tightening to tame the surging inflation has been making investors concerned about the economy slipping into a recession soon. As a result, tech stocks are witnessing massive sell-offs. However, growing demand, impressive breakthroughs, and rising corporate and government investments in the tech industry should…

Several analysts and economists are anticipating a potential recession in 2023, but very few have turned as negative as Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz seemed to be during 

General Electric is set to emerge as an aviation pure play, but faces recession risks and other big headwinds. Is GE stock a buy or sell now?

Energy, consumer discretionary and tech stocks lead declines in stock market.

Bitcoin (CRYPTO: BTC) rallied almost 10% yesterday after reaching $20,100, as the Federal Reserve announcement of a 75 bp rate hike resulted in a short squeeze. Although a 50 bp hike was anticipated for many weeks, last Friday’s inflation data forced the market to price in a more aggressive hike…