The Latest Breaking News from Recession

Since January 2021, Electric Ireland customers are paying around €700 more for electricity and between €600 to €700 more for gas

The extra annual spend could be as much as €477

Following last week’s compelling events, including the busiest week of Q2 earnings, latest FOMC meeting and Q2 GDP growth data, crypto finished July strong. Why did we see a huge rally last week?

The official arbiters of U.S. recessions look at six monthly indicators in determining whether the nation is indeed in a downturn — and they’re not flashing red.

The tech industry has been rocked by recent economic woes. While once thought of as close to recession proof, companies from Netflix to Meta are suddenly experiencing serious financial setbacks. As the Washington Post reported last week: “Big tech is bracing for a possible recession, spooking other industries”. Meta (the…

Concerns over persistently high inflation, the Fed’s monetary policy tightening, the decline in GDP for two consecutive quarters, and the growing odds of a recession have kept the stock market under immense pressure over the past few months. So, fundamentally sound stocks ARC Document (ARC), Compañía Cervecerías (CCU), Hill International…

Rates expected to rise again, by 0.25% or 0.5%, increasing costs for millions of borrowers

Imagine, for just a moment, you’re an economic policymaker tasked with managing the path of an economy. Now envisage a set of economic conditions that makes your task near-enough impossible. That, unfortunately, is where many real-life policymakers find themselves today. There’s too little growth but there’s also too much inflation.…

Economists said the U.S. is not in a recession currently, but one could start in 2023.