The Latest Breaking News from Recession

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

Thorpe tells Senate she had reported experiences to former Coalition government

As the economy shrinks by 0.1% in the March quarter, officials say the impacts of cyclones Hale and Gabrielle worsened the economic outlook

New Zealand experienced a shallow recession after two quarters of negative GDP growth to March 2023, data released by Stats NZ shows.

Greedflation may force the Federal Reserve to keep interest rates “higher for longer” to fight inflation, pushing the economy into recession.

Economists are at odds as to whether New Zealand books a recession when Stats NZ releases first quarter GDP data.

The rally for the S&P 500 (SPY) shows the bulls are clearly in charge. However, the 6/14 Fed announcement is a major test of bullish conviction. That is why 43 year investment veteran, Steve Reitmeister, wants to share the 3 possible direction for stocks after this vital announcement comes out.…

Fundstrat’s Tom Lee is known for his bullish takes. He called a 20% S&P 500 rebound this year, and it’s up over 14% so far.

A recession is unlikely to hit the U.S. before the end of the year, David Solomon predicted.

Consumer spending rose while retail sales rebounded in April, indicating the economy's strength. Retail sales are expected to remain robust despite the growing possibility of a recession. Therefore, it could be wise to consider buying fundamentally strong big-box retailers stocks, Koninklijke Ahold Delhaize (ADRNY), Casey’s General Stores (CASY), and PriceSmart…