The Latest Breaking News from Recession

Economic arm of UN says pro-growth stance needed, with interest rate rises increasing inequality

Recession is imminent, no recession on the horizon, a soft landing…or small recession…has been the constant and contradictory litany flowing from Wall Street the past year. The combination of interest rates and oil both spiking recently certainly lends credence to some form of recession in 2024. Stocks that have some…

Treasury Secretary Janet Yellen is sounding the alarm about the damage a government shutdown could do to the U.S. economy. "It's really reckless and will impose immediate harm," Yellen told NPR.

Recessions can be challenging to predict, and experts use economic data and trends to make informed judgments about when a recession has begun or is likely to occur. But why predict when a consistent pattern ultimately illustrates when a recession starts?