The Latest Breaking News from Recession

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

This sector is ripe for a breakout as recession fears continue to wane.

With nearly half of the stocks in the Nasdaq 100 Stock Index ($IUXX ) (QQQ ) having reported Q2 earnings, more and more company executives are optimistic about a soft landing for the U.S. economy. According to a Bloomberg analysis, tech executives are less frequently using words like headwinds, inflation,...

Central bank raised rates by 0.25 percentage points in attempt to bring inflation down

Broadcaster’s earnings more than halve in first half but studios business performs strongly

The European Central Bank is set to raise interest rates again Thursday

The most aggressive streak of Federal Reserve interest rate hikes in 40 years has slowed the U.S. economy

"The staff now has a noticeable slowdown in growth starting later this year in the forecast. But given the resilience of the economy recently, they are no longer forecasting a recession," Jerome Powell said.