The Latest Breaking News from Recession

Learn how the 10-year Treasury yield drop affects mortgage rates and why delaying home purchases may not be wise.

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

As the S&P 500 fell 6.5% in five days a new Wells Fargo report says a couple regional banks, trust banks and an unusual play in Puerto Rico could withstand a full-blow recession

Oil prices drop on US recession fears and China demand worries. Concerns over Israel-Hamas conflict escalation also weigh on market.

While warning about a 25 percent chance of an economic downturn, Goldman Sachs said the US economy remains “fine overall,” and that the recession risk is “limited”

Complacency from the US and Japan has fed the turmoil, but a gentle-ish landing is still on the cards

US recession fears today triggered more heavy selling for global markets.

A few reasons to remain calm about the economy

Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy

Oil prices dropped due to global economic concerns and potential recession fears, despite Middle East tensions. Learn more about the factors affecting oil ...

"The bottom line is that the weaker-than-expected July employment report led us to change our baseline expectation for the first Fed to September."