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The Latest Breaking News from Recession

Biden's exceptional economic performance

Joe Biden's administration has been incredibly successful at steering the economy away from recession

Salon

Gen Z yearns for the pre-digital dating era – but don’t ask them out in person

With a dating recession and app fatigue, gen Z envies face-to-face pickups – but may be ‘weirded out’ by direct gestures

The Guardian - US

One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise

While the current jobless rate is still historically low, its rate of increase could be a sign of deteriorating economic conditions.

Fortune

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read the most diverse news in one place.

Investor Alert: Should We Be Worried About Recession?

Even though the S&P 500 (SPY) is making new highs, there are signs the economy is slowing. In fact, it is possible we could slip into a recession if the Fed does not play its cards right. This creates an interesting cross roads for investors as recession typically results in…

StockNews.com

Fed Monitoring Job Market As Economy Slows

US job market shows signs of slowing down, but experts do not foresee a recession. Federal Reserve closely monitoring for potential impacts on inflation an...

Top News

Wall Street’s biggest bear is out of a job after predicting a U.S. recession that never happened

JPMorgan’s Marko Kolanovic made a name for himself as a contrarian during the pandemic, but too many wrong-footed calls finally caught up with him.

Fortune

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Growth revised higher for the first quarter but millions face end of fixed-rate deals

Evening Standard

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The good news is the Australian economy is about to turn up. Here’s why

Right now things feel awful.

The Conversation

New Zealand exits recession, but economic troubles linger

GDP grows 0.2 percent in first quarter, buoyed by record immigration.

Al Jazeera

New Zealand exits recession but economic woes remain

New Zealand has posted both quarterly and annual GDP growth of 0.2 per cent, confirming an economy stuck in the doldrums.

AAP

Households are hurting. Savings are weak. The future’s uncertain. Is a rate cut near?

While some like to suggest another hike is needed, the RBA is not so quick to dismiss the pain the economy is already feeling

The Guardian - AU

Stock market today: Asian stocks are mixed after Wall Street edges to more records

Asian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

The Independent UK

3 Value Stocks to Buy for Bargain Hunters

Amid macroeconomic challenges like high inflation, recession threats, and global uncertainties, value stocks such as GSK (GSK), Expedia Group (EXPE), and Albertsons (ACI) offer promising opportunities for savvy bargain hunters. Read on.

StockNews.com

UK Economy Stagnates Heading Into General Election

Britain's economy stagnated in April after emerging from recession in the first quarter of the year, official data showed Wednesday ahead of the country's general election next month.

International Business Times

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AAP

Chalmers eyes soft landing amid budget criticism

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

Axios

How AI could roil the next economic crisis

A top policymaker warns AI might shift a garden variety recession into an economic disaster.

The Guardian - AU

Australia is on the brink of recession. So why does the RBA think we are spending too much?

Are we in a recession? No. But cripes, we may as well be

Fortune

Fed president says that Americans have such a ‘visceral’ hatred of inflation that they’d rather have a recession than rising prices

"I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate high inflation."

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StockNews.com

More Stock Downside in the Near Term?

Stocks bounced back in May making new all time highs for the S&P 500 (SPY). That celebration didn’t last long as continued inflationary pressures have pushed back the starting date for the first Fed rate cut. With that stocks have fallen back in recent days. What does that mean for…

Fortune

Hidden recession? Mental illness costs the US a staggering $282B annually, shows new study

Research claims to be the first integration of economic modeling and psychiatric literature.

Fortune

Jamie Dimon says some private credit ratings 'shocked' him, evoking bad memories of mortgages before the Great Recession: 'There could be hell to pay'

“I've seen a couple of these deals that were rated by a rating agency and, I have to confess, it shocked me what they got rated,” the JPMorgan CEO said.

Golf Monthly

"I Don't Wish This On Us At All, But The Fastest Way To Drive Change And Grow Female Participation Is A Recession"

We caught up with Women's Golf Week founder Elisa Gaudet to hear about her success story and what the future holds

International Business Times UK

JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed

JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.

Latin Times

Perception vs. reality: Poll reveals majority of U.S. citizens mistakenly feel the nation is in recession

Republicans and independent voters are more likely to believe this, the survey shows

The Independent UK

Where the inflation and national debt figures leave Sunak’s five priorities

Most of the Prime Minister’s five priorities had not been achieved by the end of last year.

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