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The Latest Breaking News from Recession

‘I don’t hold a hose, mate’: Australia’s political history is full of gaffes. Here are some of the best (or worst)

As we enter another election season, we can expect the media to spend at least as much time on the hunt for gaffes as they do on policy substance

The Guardian - AU

At best, 2025 will be a year of slow economic recovery. As for the worst? Brace yourselves

With threats of recession, global fracturing and increasingly angry voters, Labour’s sticky start is unlikely to get any easier, says Guardian columnist Larry Elliott

The Guardian - UK

Wall Street’s predictions for the market and economy in 2025

It’s unlikely 2025 will repeat the massive gains of 2024, but it’s a far cry from early recession fears.

Fortune

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Big banks sue over Fed's "stress test"

Since the Great Recession, the Fed has mandated banks keep capital on hand in case of another crisis

Salon

How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits

Recession red flags had a track record that “was never perfect, but they have really failed us during the past two years,” says Boyle.

Fortune

GDP hit slumps New Zealand further into recession

New Zealand's economy is 2.1 per cent smaller than it was six months ago, according to new GDP data from Stats NZ.

AAP

Inflation analysis: Prices rising faster means higher borrowing costs for longer amid recession fears

The rise in inflation last month is likely to mean higher borrowing costs for longer

The Independent UK

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Trump’s mass deportation plan could hurt the country more than the Great Recession, report says

Mass deportations could lead to a 7.4 percent drop in the GDP, meaning ‘the U.S. economy would not grow at all’ during President Trump’s second term, the report says

The Independent UK

Blow to Rachel Reeves as leading businessman suggests recession could be ‘around the corner’

James Reed, chairman of the recruitment giant, Reed, said there was a large drop in the number of vacancies it advertised last month

The Independent UK

Analysis: Reeves faces recession fears but shrinking industry could offer a bigger problem

Economists are concerned about a longer decline in economic activity, but a shrinking manufacturing industry should be cause for more concern

The Independent UK

Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead

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

The Conversation

Democrats ignored pleas to address price of ‘eggs and gas’, campaigners say

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

The Guardian - US

10 Insights About The US Economy For Thanksgiving Dinner Talk

Economists answer 10 pressing questions about the US economy, including why food is still expensive and why there hasn't been a recession.

Benzinga

Is Goldman Sachs’ 2025 Outlook Correct?

Steve Reitmeister compares his 2025 market outlook to the one just released by Goldman Sachs. There are points of agreement, but biggest disagreement is about where the S&P 500 (SPY) will be at the end of next year. Read on for more.

StockNews.com

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Benzinga

Consumer Confidence Hits 2-Year High As Recession Fears Fade: Stock Market Optimism Soars To Record High

Consumer confidence reaches highest level in 2 years, driven by labor market optimism and record-low recession fears. Stock market confidence also at record high.

MarketBeat

Why Alphabet Stock Dips Are the Perfect Time to Invest

Even as the technology sector trades near its highs, there are strong reasons to consider Google stock a buy today at any dip.

The Independent UK

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

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

The Independent UK

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

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

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Fortune

A recession could create an ‘abrupt shift’ in AI adoption: ‘‘That’s when you really see the effects of automation’

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

Barchart

Is Warren Buffett Expecting a Recession With His $325 Billion Cash Pile and Selling 50% of Apple Stake, Or Does He Just Expect Apple to Underperform?

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...

Radio France Internationale

Factory closures threaten thousands of jobs in France, industry minister warns

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.

The Guardian - UK

‘Ray of hope’: German economy grows 0.2% ending recession fears

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

International Business Times

Eurozone Economy Grows Faster Than Expected

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.

Motor1

The Jaguar C-X75 Is Back (Again)

Jaguar’s supercar that never was, the C-X75, premiered as a concept at the 2010 Paris Motor Show. A production version was announced shortly thereafter, but it never materialized due to the global recession. But that wasn’t the end of the C-X75's story. The gorgeous coupe went on to star in…

International Business Times

Industrial Slump Leaves Germany On Brink Of Recession

German output likely contracted again in the third quarter as an industrial slump drags on, official data is expected to show Wednesday, tipping Europe's largest economy into recession.

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