The Latest Breaking News from Recession

Claim comes as Albanese government argues Fair Work Commission should ‘ensure the real wages of Australia’s low-paid workers do not go backwards’

Average Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears

Rekindled recession worries amid upheaval in the banking sector and the Fed’s further tightening of monetary policy could keep the stock market volatile in the near term. Given this backdrop, we think the strong growth prospects of UnitedHealth Group (UNH), Danaher Corp. (DHR), and ServiceNow (NOW) make these stocks solid…

The DoubleLine CEO predicted a recession is just months away.

Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.

“Not all of these stresses are behind us," warns Minneapolis Fed President Neel Kashkari, the former administrator of the Troubled Asset Relief Program.

Coupled with the recent banking collapses, the Fed’s hawkish stance to curb inflationary pressures have stoked recessionary fears among market experts. Consequently, market volatility is expected to continue for a while. Against this backdrop, stocks with bleak prospects, Norwegian Cruise Line Holdings (NCLH), First Majestic Silver (AG), and Nano Dimension…

The travel industry experienced a strong comeback last year owing to pent-up demand. However, the recession concerns might dampen its near-term prospects. So, considering the challenging macro environment, it might be wise to avoid struggling travel stocks Sonder (SOND) and Hall of Fame Resort & Entertainment (HOFV). These stocks are…

It’s been a while since I talked to anyone enjoying the recent stock market action. Too volatile. Too illogical. No real trend. All true. However, the more we understand why this is happening the easier to diagnose what will happen from here and how we can trade our way to…