The Latest Breaking News from Recession

The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.

WASHINGTON — President Joe Biden told donors he thinks the United States will avoid a potential recession that economists and banks have long been predicting.

Wharton’s Jeremy Siegel warns that stocks will have a rough second half of the year and he “wouldn’t be surprised” if the long predicted downturn arrived.

Hugh Hendry has a host of reasons that we are already living in the recession investors have been waiting for.

Coincident Economic Indicators rise to record high, job openings remain strong, says report.

Amid rising recessionary concerns, investors could capitalize on consumer stocks as the industry witnesses an inelastic demand for its products. Therefore, investors could look to buy fundamentally strong consumer goods stocks The Procter & Gamble (PG), Edgewell Personal Care (EPC), and ACCO Brands (ACCO). Keep reading.

Policymakers are too quick to slow the economy and risk recession when the solution is to rejoin the EU

Mike McGlone cautions that Bitcoin's recent rally above $31,000 is running against a powerful headwind.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday fell by -0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell by -0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell by -1.00%. U.S. stocks were undercut by Friday’s weak U.S. and...