The Latest Breaking News from Recession

Cathie Wood’s ETFs performed miserably this year amid a market rout caused by soaring inflation, the Fed’s aggressive rate hikes, and rising odds of a recession. More trouble awaits her hedge fund, concentrated in tech, as September job gains almost affirm another aggressive rate hike in the Fed’s next meeting.…

The economy looks as though it will go into recession after figures show it 'unexpectedly' shrank in August.

The economy shrank by 0.3 per cent in August raising new fears of an imminent recession.

"I don't think there will be a recession," he told CNN. "If it is ... we'll move down slightly."

U.S. President Joe Biden said in an interview released on Tuesday that he did not think there would be a recession, but that if it happened it would only be "very slight."

Energy stocks have dipped along with the rest of the market as recession fears increase. However, the longer-term supply situation continues to be concerning especially with expectations that Russia's oil production will decline due to sanctions. Thus, investors should consider buying high-quality energy stocks like Valero (VLO), Occidental Petroleum (OXY),…

We all know why stocks are falling at this time. That being a toxic combination of high inflation + hawkish Fed = future recession. So with the S&P 500 (SPY) already down 25% some investors are already talking about buying this as a bottom. RUBBISH! Before you make that fatal…

The post-Covid recovery has run out of steam. The latest update to the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (Tiger) shows that growth momentum, as well as financial market and confidence indicators, have deteriorated markedly around the world in recent months, many countries are either in or…

Australian shares have ended the session flat after a volatile trade on Wednesday, with gains in financials outweighing losses in mining and energy stocks, while caution prevailed ahead of key US inflation data due later in the week.