The Latest Breaking News from Recession

Fannie Mae: "We are expecting a significant slowdown in [housing] starts later this year"

This week's interest rates decision will be a tough one that may yet disappoint mortgaged homeowners and turn NZ back down the path to recession, writes Andrew Patterson.

The US has raised its debt ceiling limit multiple times in the last decade up to $13.4 trillion but a deal must be struck before the end of the month to avoid default which could spark a terrible recession

Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?

The S&P 500 (SPY) seems to be breaking out into bull market territory above 4,200. However, history shows many examples of how this could be nothing more than a Suckers Rally. That’s why you should tune into Steve Reitmeister’s most recent market commentary including a clear trading plan and top…

Biden and Congressional aides currently in negotiations while the President is currently attending the G-7 as a recession looms.

“I’m making a prognostication—we’re going up,” the billionaire investor said at a private event Tuesday, Bloomberg first reported, citing unnamed sources.

The Finance Minister has unveiled a measured Budget as New Zealand is forecast to avoid recession - but low growth and peak unemployment expected to hang around.

There was a time when we were sure that interest rates wouldn’t change for three years. That illusion was cruelly dashed a year ago.

Coca-Cola Consolidated (COKE) shares have recently witnessed strong buying interest from institutional investors. Despite the uncertain macroeconomic environment, the company reported a robust financial performance in the first quarter. Moreover, despite recession concerns, the company projects strong revenue and earnings growth for fiscal 2023. Will it be wise to follow…

Defying sharp rate hikes, unemployment stays low and consumers resilient.