The Latest Breaking News from Recession

Australia facing a multi-year per capita recession and even a quarter of negative economic growth in early 2024 with higher interest rates.

Despite fears of an impending recession and current macroeconomic volatility, the demand for tech services and favorable government initiatives benefits the technology industry. Given its solid growth prospects, investors could look to buy fundamentally strong tech growth stocks Box (BOX), NetScout Systems (NTCT), and Celestica (CLS). Keep reading.

To survive the 2023 stock market, investors should focus on high-quality stocks and bonds, watch out for a recession, and above all, stay nimble, says Wells Fargo Investment Institute's senior global market strategist.

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.

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.