The Latest Breaking News from Recession

Australians must brace for the worst housing downturn on record as rising rates and recession fears affect the property market, according to major banks.

Orders at UK factories fall for first time in 17 months, as prices accelerate at a record pace across the eurozone

Oil prices eased on Friday as lingering fears of a recession demand weighed on sentiment, putting the benchmarks on track for their third straight weekly losses. Brent crude futures were down 20 cents, or 0.2%, at $108.83 a barrel by 0428 GMT, giving up earlier gains of over $1. WTI…

The ASX 200 drops for a third straight day, while Wall Street suffers its worst first-half since 1970 on worries that aggressive interest rate hikes may tip the US into recession.

Now in its fourth year, The Conversation’s survey draws on the expertise of leading forecasters to predict what lies ahead for the Australian economy.

The tech sector has been facing significant challenges due to rising interest rates. Many tech companies are freezing hiring and laying off employees to prepare for a potential recession. With declining investors’ confidence in the sector, pricey tech stocks Aurora Innovation (AUR), Meta Materials (MMAT), and Ondas Holdings (ONDS) might…

Rising mortgage rates have slowed the housing market across the nation and Southern California. Sales are down, inventory is rising and many prospective buyers and sellers have a simple question: Will home prices fall?

Confidence among Colorado business leaders has plunged, with one in five now saying the U.S. economy has already entered a recession and nearly three in five expecting the downturn to arrive sometime next year, according to the latest Leeds Business Confidence Index from the University of Colorado Boulder.

If the United States enters a recession and housing prices stagnate or fall, homeowners in parts of California, Delaware, Illinois, Indiana and New Jersey are most at risk of owing more than their houses are worth or losing their homes to foreclosure, according to a new analysis.

The broad market sell-off due to the persistently high inflation, rising rates, and looming recession fears have led several fundamentally sound stocks to decline significantly in price. However, with experts advising to continue investing for the long-term horizon, could beaten-down stocks AstroNova (ALOT), AdvanSix (ASIX), JBS (JBSAY), and ArcelorMittal (MT)…

High inflation pressure, the Fed’s interest rate hikes, and prospects of a recession are weighing heavily on the market sentiment lately. As these factors are likely to persist for quite some time, prominent mid-cap stocks Mitsubishi Chemical (MTLHY), Ipsen (IPSEY), AutoNation (AN), and KT Corporation (KT) appear ideal additions to…