The Latest Breaking News from Recession

The Australian share market took a further downward tumble on Thursday, to end the day down, as traders bet on more interest rate hikes from the Reserve Bank of Australia after the unemployment rate remained steady in March. Read how it all happened.

Luxury conglomerate LVMH reported Q1 2023 results on April 12. You would hardly know from its results that there was a possible recession around the corner. Iconic companies tend to be like that.

Massive tech layoffs, bank failures and a potential U.S. recession could throw a wrench in the plans of 2023 graduates — in the same year federal student loan payments are expected to resume and accrue interest

The International Monetary Fund says Australia has one of the greatest risks of mortgage defaults in the world, as it warns of a significant downturn in global economic growth for the year ahead.

The famed fable of the “Boy Who Cried Wolf” has some valuable lessons for stock investors at this time. Especially true as we start to close in on 4,200 for the S&P 500 (SPY) which would officially make this a new bull market. Read on below for an updated market…

The IMF is worried about a “hard landing,” with sticky inflation meaning the odds of a recession have “risen sharply.”

It was easy to put things on the proverbial credit card during the free money era.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. Concerns over high inflation, rising geopolitical tension and financial stability all hang over the updated forecasts, with the impact…

Heightened recessionary fears amid a cooling job market and the high-profile bank failures might weigh on the stock market. However, I think fundamentally strong stocks ServiceNow (NOW) and Meritage Homes (MTH) could still be worth buying now. Read more.