The Latest Breaking News from Recession

The recession for electronics continued this spring as Best Buy reported same-store sales dropped a little more than 10% from last year.

The German economy shrank unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession. High inflation hit consumer spending.

A quarter of British men say they have no close mates. But even in middle age, where the ‘friendship recession’ hits hardest, it’s possible to buck the trend

Updated data shows economy went into reverse in first quarter with GDP falling by 0.3%

Germany’s slide into recession added to pressure on European markets today as the FTSE 100 index endured another session in the red.

Shares of Snap (SNAP), the social media darling of Gen Z, have taken a hit as the company is struggling with its widening losses amid the pullback in advertising spend. So, with a recession likely coming this year, is SNAP worth owning? Let’s try to gauge SNAP’s prospects by analyzing…

An asset class recession would hit at a uniquely vulnerable time, as the share of Americans invested in stocks hasn’t been so high since the Great Financial Crisis.

Coupled with the macroeconomic headwinds, the U.S. debt default crisis and consequent recessionary fears have triggered market volatility. Against this backdrop, quality growth stocks Boston Scientific (BSX), Cardinal Health (CAH), Cidara Therapeutics (CDTX), and Geospace Technologies (GEOS) could be solid buys now. Read on….

People are spending less money, which means trouble for the economy. But it hasn’t hurt big business