The Latest Breaking News from Recession

Learn how the 10-year Treasury yield drop affects mortgage rates and why delaying home purchases may not be wise.

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

US recession fears today triggered more heavy selling for global markets.

A few reasons to remain calm about the economy

Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy

Oil prices dropped due to global economic concerns and potential recession fears, despite Middle East tensions. Learn more about the factors affecting oil ...

"The bottom line is that the weaker-than-expected July employment report led us to change our baseline expectation for the first Fed to September."

A much-anticipated report Friday showed the US economy added just 114,000 jobs last month, well down from June and far fewer than expected, while the jobless rate rose to the highest level since October 2021.

Wall Street braced for more selling as US recession fears grow