The Latest Breaking News from Recession

Australia’s economic growth remains in the slow lane, at only 0.3% for the September quarter, keeping Australia close to recession territory.

US workers say Democrats neglected ‘desperately needed’ action toward vulnerable groups amid recession fears

The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnating

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

During recessions companies lay people off, automate their jobs, and never hire them back.

Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) recently sold nearly half of its stake in Apple Inc. (AAPL) while also reducing stakes in other major companies. Some stocks he is buying, such as Ulta Beauty (ULTA) , are considered more resilient in economic downturns, leading some investors to worry that the...

Factory closures in France are expected to affect "thousands of jobs" in the coming weeks and months, Industry Minister Marc Ferracci warned on Saturday, days after two of the country's largest employers announced layoffs amid a deepening recession in France's manufacturing industry.

Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending

The eurozone economy grew more than expected in the third quarter, official data showed Wednesday, thanks to Germany which defied expectations and dodged a recession.