The Latest Breaking News from Recession

There are fears the bank’s Monetary Policy Committee may have to raise interest rates to as high as 5.5 per cent to tackle inflation

Analysts call it “Dr. Copper” because it often provides a diagnosis for the upcoming recession. The patient isn’t feeling great.

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.

The German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession

Technical malfunctions have marred Florida Governor Ron DeSantis's announcement that he's running for US president. The hyped Twitter Spaces appearance was 20 minutes late in starting, repeatedly lost sound and many users said they had trouble logging in. Since Elon Musk took the reins, Twitter has struggled with a myriad…

Shares are mostly lower in Europe and Asia as investors watch for signs of progress on a deal to avert a default on U.S. government debt

From social security payments to interest rates, a lot hinges on a debt-ceiling deal. Personal finance experts say you should prepare for a possible debt default as you would a recession.

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.