The Latest Breaking News from Recession

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

As the S&P 500 fell 6.5% in five days a new Wells Fargo report says a couple regional banks, trust banks and an unusual play in Puerto Rico could withstand a full-blow recession

Oil prices drop on US recession fears and China demand worries. Concerns over Israel-Hamas conflict escalation also weigh on market.

While warning about a 25 percent chance of an economic downturn, Goldman Sachs said the US economy remains “fine overall,” and that the recession risk is “limited”