The Latest Breaking News from Recession

Mining and energy companies propped up the Australian share market on Tuesday, though worries about a global economic slowdown and aggressive interest rate hikes kept sentiment in check.

To help us bridge the gap between the polls and reality, TND's strategists are back to sharpen our focus on the issues that could sway the result on May 21.

Inflation is set to jump to 9% this week when official figures are released, and fears of a slump are growing

Surging inflation and the probability the Federal Reserve will tighten its monetary policy further have driven a massive market sell-off lately. Amid ongoing geopolitical tensions and intensifying supply chain disruptions, investors fear that rising interest rates could push the economy into a recession. Therefore, we think it could be wise…

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022.

Katie Koch, the chief investment officer for public equities at Goldman Sachs Asset Management (GSAM), quips that “Beyoncé is ultimately recession-resistant,” and so are other popular artists.  That’s why the portfolios she helps oversee own shares of live-concert companies in the US and Europe. 

Arsenal is the only one of the top six in a position to withstand recession, a study claims

Rolling coverage of the latest economic and financial news

Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second four-year term, for the first time Thursday acknowledged that high inflation and economic weakness overseas could thwart his efforts to avoid a recession