The Latest Breaking News from Recession

Amidst broad-based recessionary fears, used car dealer Carvana (CVNA) posted weaker-than-expected third-quarter earnings. Given its weak fundamentals, it might be wise to avoid the stock now. Read more….

Employers are cutting office space to avoid layoffs. It could render the office moot.

Some of Texas' top economic leaders paint a rosy picture for the state heading into 2023, saying it’s on more solid ground than many other areas around the country. But they also warn the state isn’t immune to a recession.

Hiring and firing during a recession can make or break a company. It's time to follow the science–not the hiring manager's gut.

President Joe Biden will sign a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into recession

The figures are the latest signal of a roaring labor market that continues to defy fears of a recession.

In preparation for a recession, 67% of companies surveyed by Twilio are prioritizing keeping current customers over acquiring new ones.

Union members working on England’s roads have announced 12 days of strike action over Christmas and the new year, while US added 263,000 jobs in November

Shares have retreated in Asia after a mixed day on Wall Street

The unexpected oil crisis emerging from the oil embargo against Russia, the world’s second largest crude oil exporter, has piled pressure on energy prices, supply shortages, and economic recession worldwide. The renewable energy benefits are currently absorbed beyond their actual purposes to build growth of clean energy for a sustainable…

Amid high prices and aggressive rate hikes, consumer confidence has declined for November. Moreover, several banks expect volatile economic conditions for 2023. Also, a recession hitting the U.S. economy seems likely in the coming year. Therefore, investors might avoid fundamentally weak stocks Carvana (CVNA), Opendoor Technologies (OPEN), and Skillz (SKLZ).…