The Latest Breaking News from Recession

Spending watchdog says Britain is in recession and unemployment will rise by 500,000

With the Fed indicating that the final level of interest rates will be higher than expected, many analysts expect the economy to slip into a recession next year. Since the stock market will likely remain under pressure, investors should consider buying fundamentally strong stocks UnitedHealth Group (UNH), Merck & Co.…

OBR sets scene for 2024 election, predicting ‘living standards fall 7 per cent over two years, wiping out eight years’ growth’

Labour describes autumn statement measures as ‘invoice for the economic carnage’ of disastrous mini-budget under Liz Truss

Jeremy Hunt has announced tens of billions of pounds of cuts and stealth tax rises in the Autumn budget statement - from council tax and income tax to energy bills, minimum wage and the state pension and benefits

Some 1.5 million women have vanished from the labor force since Feb. 2020. That bothers gender economist Katica Roy–and not for reasons of fairness.

Office for Budget Responsibility forecast that the UK economy will shrink further next year as Brits face rocketing inflation and cost-of-living crisis

Office for Budget Responsibility says economy is shrinking again

Mr Hunt said unemployment is expected to rise from 3.5% today to 4.9% by 2024

"The possibility of a sharp price correction leading to an economic contraction would further complicate Federal Reserve inflation-fighting efforts" writes the Dallas Fed.

Polls show economic concerns were dominant for many Americans this election season. Unfortunately, voters couldn’t always count on getting accurate reporting about these issues.