The Latest Breaking News from Recession

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally started slowing in late 2022. Mortgage companies engaged in mass layoffs, real estate economists lamented a “housing recession” and home prices seemed poised for a correction.

So far the immaculate disinflation — what had seemed a remote scenario in which inflation comes down without a recession — has materialized.

The SNP Westminster leader hit out at the UK Government’s handling of the economy.

According to some in the City, the UK will have to keep prices flat for the next seven years to make up for the last three. Really?

Halfway through the year, hopes about AI and a sturdier-than-expected economy are leading to a big rally in stock markets — but a lot of uncertainty still lies ahead.

Though it’s a dirty job, this compelling and pertinent enterprise is more than willing to put some elbow grease down ahead of an ambiguous market environment.

When you check out the surging S&P 500 (SPY) on Friday...and pretty much all June...and heck, pretty much all year, it sure looks like a new bull market is at hand. However, investment veteran, Steve Reitmesiter, points out “that was then...and this is now”. Be sure to tune in for…

China's post-COVID boom has fizzled this year, new data shows. Nomura Research Institute's chief economist warns it's just the beginning of the pain unless the government steps in.

Although the test found the largest lenders could withstand a severe recession, risks can still arise.