The Latest Breaking News from Recession

Asian shares are trading mixed, as investors grow cautious after Wall Street’s biggest pullback of the year

After nearly two gloomy years, it isn’t easy to imagine a brighter 2023. But Chinese stocks’ recent rise shows that there are better days ahead for the market

"Are you actually bullish now?". That was the question I got from StockNews CEO Steve Reitmeister late last week after I published my commentary for my POWR Stocks Under $10 newsletter. Even though he and I differ about our respective stock market (SPY) outlooks from time to time, I think…

More than 80% of Scottish firms intend to raise prices over the next quarter

Futures fell after the market reversed lower Wednesday on hawkish Fed comments and recession-like economic data.

The world's leading economists spent most of 2022 convincing themselves that, if the global economy was not already in a recession, it was about to fall into one. But with the year 2022 end, the global slump has been postponed to the present 2023.

The Australian share market traded up on Thursday as jobs data was released showing the unemployment rate was steady at 3.5 per cent. Look back on how the day played out on the ABC News markets blog.

Former Treasury Secretary Larry Summers said in September that there was a 75% chance of a U.S. recession. But after the latest inflation data, he says he's a little more hopeful.

U.S. retail sales fell by the most in a year and business equipment production slumped, raising concerns that the economy is losing momentum under the weight of tighter Federal Reserve policy.

While some Davos attendees warned of a looming recession, Cisco's CEO isn't worried. And Carlyle Group's co-founder argued that it might even be a good time to invest in stocks.

The Fed’s indication to keep raising interest rates through this year and looming recession fears will likely keep the stock market under pressure for the near term. Therefore, investors looking for stability amid an uncertain macroeconomic environment could consider buying fundamentally strong dividend-paying healthcare stocks Johnson & Johnson (JNJ), Pfizer…