The Latest Breaking News from Recession

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

Hong Kong (AFP) - Asian markets struggled again Friday following another selloff on Wall Street fuelled by recession fears, with warnings of a bleak outlook for the global economy as central banks slam on the brakes to battle soaring inflation.

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 stock market fell Thursday on economic and inflation data and fears of a recession.

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)…