The Latest Breaking News from Recession

New Zealand's governing Labour party is trapped in a mire of blunders and bad news, the biggest of which might be the technical recession confirmed last week.

Pessimists fearful of a Reserve-Bank trifecta of runaway inflation, massive unemployment and house-price collapse need to get a grip.

Two top economists agree that inflation is already conquered, and that by continuing the big squeeze, the Fed will likely drive the U.S. into an unnecessary, and possibly steep, recession.

There continues to be an endless stream of chatter about how the US is in a recession, due in part to commodities. But let's ask ourselves, is it actually a recession?

Wells Fargo Investment Institute sees the S&P 500 falling 7% by year-end as corporate earnings sink.

The medical industry is well-positioned for significant growth thanks to robust demand. Moreover, given the recession concerns, medical stocks could be defensive investments. Therefore, investors could look to buy fundamentally strong medical stocks Fresenius SE & Co. (FSNUY), Tenet Healthcare (THC), and Select Medical Holdings (SEM), which are currently trading…

“If the banks are this risk-off, and they’re not making real estate loans, the real estate industry will stop,” says Perot.

Australia may end up following New Zealand into a low-unemployment recession if the RBA keeps lifting rates.

Bank of America's chief economist Michael Gapen revised his recession forecast again this week, citing strength in the labor market—but he says a "growth recession" is still coming in 2024.