The Latest Breaking News from Recession

While some like to suggest another hike is needed, the RBA is not so quick to dismiss the pain the economy is already feeling

The U.S. economy relies on a healthy consumer for the bulk of its growth, but spending is starting to slow into the summer months.

Asian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

Amid macroeconomic challenges like high inflation, recession threats, and global uncertainties, value stocks such as GSK (GSK), Expedia Group (EXPE), and Albertsons (ACI) offer promising opportunities for savvy bargain hunters. Read on.

Britain's economy stagnated in April after emerging from recession in the first quarter of the year, official data showed Wednesday ahead of the country's general election next month.

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

Greens leader Adam Bandt has been criticised by both major parties for his support of pro-Palestine protesters, and the government is increasing its attacks on Peter Dutton’s nuclear plan.

A top policymaker warns AI might shift a garden variety recession into an economic disaster.

Are we in a recession? No. But cripes, we may as well be

"I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate high inflation."

Stocks bounced back in May making new all time highs for the S&P 500 (SPY). That celebration didn’t last long as continued inflationary pressures have pushed back the starting date for the first Fed rate cut. With that stocks have fallen back in recent days. What does that mean for…