The Latest Breaking News from Recession

'Right now, we are in a vortex, on the way to recession. We’re looking at the economy contracting, job losses, business closures. It’s a f**king firestorm'

Larry Summers took issue with current Treasury Secretary Janet Yellen’s assessment of recession risk

Analysts grow cautious regarding Netflix, Inc (NASDAQ:NFLX) over brewing competition in the post-Covid world. Needham analyst Laura Martin saw Netflix as unlikely to win the Streaming Wars pending launch of a lower-priced ad-driven tier, adding Sports and News content, bundling with other products, and acquiring an extensive film and TV content library.  Every major streaming competitor does one or…

Price gains stayed hot — and re-accelerated, in some cases — in nearly all categories.

Recessionary concerns and the Fed’s hawkish policy measures to combat high inflation are expected to extend the market correction. However, certain Dow Jones constituents with solid financials and bright growth prospects have been outperforming the benchmark index. So, Verizon (VZ) and Amgen (AMGN) could be solid investments now.

It's still unclear to S&P 500 investors if a recession is on the way. But for workers losing their jobs, the downturn is here.

The economy has given enough reasons for investors to fret. With higher inflation and slower growth portending further trouble ahead, noted Apple, Inc. (NASDAQ: AAPL) analyst Gene Munster delved into how the economic picture will shape up in the near term.

Although a slowdown in consumer prices in April and the expectation of a flat CPI for May indicate that inflation had reached its peak, the market volatility may not ease anytime soon with the fear of a looming recession. Given the prevailing uncertainties, it could be worth investing in quality…

After a corporate reorganization involving its regional sports networks, Sinclair Broadcast Group is on solid footing, even in the face of a potential recession, the company’s CEO told shareholders Thursday.