The Latest Breaking News from Recession

From the new book "Selling Sexy: Victoria’s Secret and the Unraveling of an American icon."

It wasn’t that long ago that the Federal Reserve, the central bank for the United States, was worrying that annual inflation would surpass 9% in the middle of 2022. The U.S. economy hadn’t seen prices rise that fast since the 1980s, and most everyone feared that a series of interest…

Large unusual options volume today in Kohl's Corp puts and calls topped the list in Barchart's Report. These options trades highlight the underlying value of KSS stock, especially if a recession will occur or not.

To listen to cabinet ministers over the last few months, voters would be forgiven for concluding that the UK economy was plumbing the depths of a great recession and inflation was at double digits. Yet, are things really so bad?

“​​For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.

Are we looking at a recession, or soft landing? Either way, a rate-cutting environment has big implications for your stocks, bonds, and savings.

Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been lowered in four years.

“I think underlying economic conditions will be much more important to financial markets than the Fed's tactics at a particular moment,” Citi Wealth's CIO said.