The Latest Breaking News from Recession

New Zealand experienced a shallow recession after two quarters of negative GDP growth to March 2023, data released by Stats NZ shows.

Greedflation may force the Federal Reserve to keep interest rates “higher for longer” to fight inflation, pushing the economy into recession.

Consumer spending rose while retail sales rebounded in April, indicating the economy's strength. Retail sales are expected to remain robust despite the growing possibility of a recession. Therefore, it could be wise to consider buying fundamentally strong big-box retailers stocks, Koninklijke Ahold Delhaize (ADRNY), Casey’s General Stores (CASY), and PriceSmart…

The investment bank says a US recession has become less likely.

The UK economy will re-enter growth territory in the second half of this year, the CBI forecasts

Falling profits don’t always augur a recession—although they often do.

Households and firms can expect more financial pain despite Britain dodging technical recession, says KPMG

"In past recessionary cycles, we've seen mass beauty outperform," e.l.f. Beauty CFO Mandy Fields tells TheStreet in an exclusive interview.

Fortune 500 companies generated record revenues of $18.1 trillion last year, but profits tanked roughly 15%. Here's why that happened and what it means for the economy.