The Latest Breaking News from Recession

Economic experts say it will take until third quarter of 2024 for output to return to pre-pandemic peak

The National Institute of Economic and Social Research said in its main forecast that the economy will avoid a recession

BofA becomes the first major Wall Street bank to backtrack on recession prediction, reflecting growing economic optimism.

“Americans have always been waiting for the other shoe to drop.”

History says the market should end the year with even more gains.

Policymakers vote for quarter-point rise to 5.25%, the 14th increase in a row, as Bank rules out prospect of recession

The investment bank has been predicting a recession since the summer of 2022. A full year later, it’s having second thoughts.

Shares of unprofitable technology companies have rallied sharply this year amid rising optimism that the U.S. will avoid a recession and that the Federal Reserve will soon end its interest rate hiking campaign. A basket of unprofitable technology stocks tracked by Goldman Sachs has surged +43% since May, its best...

Trump’s efforts to overturn election and political polarization led agency to decision, says senior director