The Latest Breaking News from Recession

Hong Kong (AFP) - Most markets fell again Thursday as traders fear that hefty rate hikes to rein in soaring inflation will spark a recession, though a slight improvement in Chinese data did provide a little cheer.

Homeowners will face mortgage rates near 5.5% in a little over a year, according to a survey of 22 leading Australian economists.

The stock market has witnessed a sharp decline since the beginning of the year due to geopolitical uncertainties and macroeconomic headwinds. Amid the concerns surrounding a potential recession, Arcimoto (FUV), Beyond Meat (BYND), and Nikola (NKLA) possess a significant short interest, implying bearish sentiment surrounding them. Moreover, these stocks are…

Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.

The RBA has turned on a sixpence, from smiling benignly and welcoming some inflation to sprouting horns and bringing on a recession we didn't have to have.

Jazz Pharmaceuticals stands out in the IBD 50 as it rides the wave of the health care sector on concerns of a looming recession.

Texas manufacturers are tapping the brakes.

As fears that a recession is just around the corner for the US, some economists are warning that Australia could follow suit.  Some, however, remain bullish on the Australian economy due to high household savings, strong commodity exports, accommodative government stimulus and a robust pipeline of residential building constructions. 

For the first time since the start of the COVID-19 pandemic in 2020, the Bureau of Economic Analysis has reported a decrease in real gross domestic product –— GDP.