The Latest Breaking News from Recession

Reuters

LONDON: A decision by the Opec+ oil producers’ group last week to cut output has driven up prices and could push the global economy into recession, the International Energy Agency warned on Thursday.

With inflation far from the Fed’s control and the job market's resilience, analysts believe the central bank will continue its aggressive interest rate hikes. With mounting recession fears and ongoing market volatility, we believe it could be wise to avoid fundamentally-weak stocks Block Inc. (SQ), Marathon Digital (MARA), and Riot…

In response to rising inflation and concerns over a potential recession, consumers are cutting back on their discretionary spending. Therefore, we think fundamentally weak consumer discretionary stocks Roku Inc. (ROKU), The Beachbody Company (BODY), and Vinco Ventures (BBIG) are best avoided now. These stocks have lost significant momentum over the…

Federal COVID-19 funds helped save cities from recession, a lobby group says.

ATLANTA — The U.S. is in a recession that will temper homebuilding throughout the next year, one of the nation’s top economists said.

‘I don’t think there will be a recession. If it is, it’ll be a very slight recession’

Limp growth would normally require fiscal stimulus, yet concerns about inflation mean we’re unlikely to see a big-spending budget

Oil futures fell on Wednesday as a gloomy economic outlook and a strong dollar outweighed supply concerns stemming from last week's OPEC+ cut to its production target. Brent crude futures were down $1.42, or 1.5 %, at $92.87 a barrel by 1315 GMT. US West Texas Intermediate crude was down…