The Latest Breaking News from Recession

As the Reserve Bank weighs up further rate rises, there are concerns domestic and global factors could stall Australia's economy.

Investor optimism has increased considerably in the past few weeks thanks to cooling inflation figures, the Fed’s downshift on monetary tightening, and fading recession fears. Moreover, a strong job report reflects a fairly resilient economy. As the prospects for the global economy are improving, investors could consider buying fundamentally strong…

Steve Eisman says some market paradigms get deeply embedded in people’s minds. “They can’t even imagine, at times, that there could be anything else.”

Investors’ sentiments improved in recent weeks amid the steady cooling of inflation, the Fed’s downshift on tightening, and easing recession fears. Additionally, a strong job report suggests economic resilience. Amid this, investors should invest in quality stocks Coca-Cola (KO) and Archer-Daniels-Midland (ADM), which possess solid long-term potential. Keep reading….

Despite the recent positive macro data, the recession possibility remains as the Federal Reserve is expected to keep hiking rates until its target is met. So, dividend-paying healthcare stocks Novartis (NVS) and Takeda Pharmaceutical (TAK) could be stable investment options to safeguard your portfolios. These stocks are trading under $100.…

“The country has been through a lot…But really we have a strong and resilient economy,” Yellen told ABC. “And inflation is coming down.”

Treasury Secretary Janet Yellen also downplayed the risk of the U.S. economy contracting: “You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years.”

Despite inpouring favorable macro data, the Federal Reserve is anticipated to continue rate hikes at a slower pace until its 2% inflation target is achieved. With experts expecting a recession in the near term, investors can scoop up quality, inexpensive penny stocks trading under $1, VEON Ltd. (VEON), Gran Tierra…

“Think about people going back into the office," said Gary Cohn on Sunday. "They need people to work in the buildings."

In an unusual moment for the US economy, analysts look for hidden signals of consumers’ worries

Tony Danker, director general of the CBI, says it is 'urgent' the government creates the right environment for investment