The Latest Breaking News from Recession

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.

WASHINGTON: US economic growth lost steam in the first quarter this year, the Commerce Department said on Thursday, as the possibility of a mild recession brews while consumer spending weakens.

The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive

The country's GDP growth is slowing as banks cut back on credit and the Federal Reserve tries to crack down on inflation.

Despite surging interest rates, punishing inflation and global turbulence, the U.S. economy stood firm last year

Housing market downturns usually result in recession, says Vanguard economists.

The healthcare industry tends to withstand uncertain macroeconomic conditions better than most other industries, as it enjoys inelastic demand for its products and services. With fears of a recession weighing heavily on investors’ sentiments, buying fundamentally strong healthcare stocks Herbalife Nutrition (HLF) and Zynex (ZYXI) could be ideal. Keep reading.

The stock market is expected to be under pressure this year due to recession worries. Despite the headwinds, it could be wise to buy and hold top growth stocks BorgWarner (BWA), AGCO Corporation (AGCO), and Barloworld (BRRAY) to generate solid returns in the long term. Keep reading….