The Latest Breaking News from Recession

The European economy has scraped out meager growth of 0.1% in the first three months of the year

However, investors may take confidence from elsewhere in Europe, as France and Italy both returned to growth

The Federal Reserve has more work to do to ease inflation—which is why so many see a recession ahead.

The ASX gains ground as Westpac forecasts the RBA will leave rates unchanged at its meeting next week. Look back on the day's events with our blog.

The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.

“This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.

While inflation has been declining, rising fears of a recession as a result of the recent financial crisis are expected to put the stock market under pressure. Fundamentally strong stocks, such as Fast Retailing (FRCOY), Dr. Reddy’s (RDY), and Potbelly (PBPB), which look positioned for steady growth despite the headwinds,…

Amid the current uncertain macroeconomic environment and lingering recessionary fear, investing in quality stocks such as Sanofi (SNY), USANA Health Sciences (USNA), and FONAR Corp. (FONR) could help survive a market downturn. Read more….

London (AFP) - Wall Street stocks pushed higher on Thursday despite data that showed US economic growth is slowing, which raised fresh questions about interest rates hikes.

WASHINGTON: US economic growth lost steam in the first quarter this year, the Commerce Department said on Thursday, as the possibility of a mild recession brews while consumer spending weakens.

Consumption powered nearly all of the economy's first quarter growth. But it comes with a price.