The Latest Breaking News from Recession

Tighter lending standards and high interest rates will likely push the economy into a recession this year. Therefore, it could be wise to sell fundamentally weak stocks Owens & Minor (OMI), ASOS (ASOMY), and Kaleyra (KLR). Keep reading….

Heightened worries about the strength of consumers and the global economy have been put on hold -- at least for now -- after some of the world's best-known companies delivered a slew of better-than expected numbers.

With inflation easing and the U.S. economy cooling, is the Federal Reserve done raising interest rates? After all, gently bringing down the trajectory of prices without crashing the economy was the central bank’s objective when it began jacking up rates over a year ago.

Energy stocks sank Tuesday as U.S. crude futures tumbled amid interest rate hike concerns, adding to the murky 2023 outlook for oil prices.

Even though the Fed’s interest rate hikes are anticipated to pause soon, considering the looming recessionary fears triggered by the macroeconomic headwinds, it could be wise to avoid fundamentally weak stocks Norwegian Cruise Line Holdings (NCLH), First Majestic Silver (AG), and Desktop Metal (DM) now. Continue reading….

Warmer winter, lower energy prices and China’s reopening help bloc surprise economists and stave off severe downturn

The European economy has scraped out meager growth of 0.1% in the first three months of the year

However, investors may take confidence from elsewhere in Europe, as France and Italy both returned to growth

The Federal Reserve has more work to do to ease inflation—which is why so many see a recession ahead.

The ASX gains ground as Westpac forecasts the RBA will leave rates unchanged at its meeting next week. Look back on the day's events with our blog.

The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.