The Latest Breaking News from Recession

The medical industry is well-positioned for significant growth thanks to robust demand. Moreover, given the recession concerns, medical stocks could be defensive investments. Therefore, investors could look to buy fundamentally strong medical stocks Fresenius SE & Co. (FSNUY), Tenet Healthcare (THC), and Select Medical Holdings (SEM), which are currently trading…

“If the banks are this risk-off, and they’re not making real estate loans, the real estate industry will stop,” says Perot.

Bank of America's chief economist Michael Gapen revised his recession forecast again this week, citing strength in the labor market—but he says a "growth recession" is still coming in 2024.

Did NZ really dip into recession this year? Not until unemployment starts to rise ... that's the measure that affects real people. Jonathan Milne reports.

Reserve Bank appears determined to raise interest rates at least once more, even if Australia’s economy is slowing

If Australia is lurching towards a recession like the one neighbouring New Zealand is now suffering, there were few signs of it on Thursday.

Output is expected to contract as early as October and continue shrinking during the all-important election year, making it the worst performing economy among G7 nations in 2024.

Gross domestic product fell by 0.1% in the March quarter, following a revised 0.7% fall in the previous quarter, Statistics New Zealand said

The U_S_ Federal Reserve has hit “pause.”

Last month, the Department of Commerce released troubling data on the anemic economy, showing that gross domestic income (GDI) shrank in the previous six months. That’s no surprise to half of Americans who believe we’re currently in a recession, but the data refute President Joe Biden’s claim that the economy…

New figures show that New Zealand’s economy has dipped into recession as higher interest rates take their toll